EFTA02711416.pdf

TRUSTS 2014 LOB LLC UNREALIZED LO TO HI JULY 2014 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PL EDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost (if not on UNREALIZED UNREALIZED OWNERS DONEE Artist Item Descnpbon USO) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS • MANET, EDOUARD Portrait de Berme klorlsot 25.226.302 15,000,000 15,000.000 (10.226.302): (10226.302) 100% NARROWS SMITH. DAVID Cubi II 25.770,000 22,000.000 22.000,000 (3.770.000) (13.996.302) 100% NARROWS PICASSO. PABLO Tete d homme 9,103,500 * 7,000.000 7.000,000 (2.103,500) (16.099.802)' 100% NARROWS ROTHKO. MARK Black. White. Blue 5,429.315 • 3,600.000 3,500,000 (1,929,315). (18,029.117) 100% NARROWS DAVID. JACCIUESLOULes amours de Pans et Helene 4.928.028 3,500.000 3,500.000 (1.428.028). (19,457.145) 100% NARROWS .STRAET, JAN VEN DER. Disegni Rappresentanb 4 Purgatorio Di Dante Alighi 1.525,000 175,000 175.000 (1.350,003) (20.807,145). 100% NARROWS KIPPENBERGER, MARTIUntitled (from the senes The Raft of the Medusa) t 3.819.135 • 2.500.000 • 2,500,000 (1.319,135) (22,128280) 100% MoMA NARROWS PICASSO. PABLO Tele moustachue 8.185.625 * 7,000.000 * 7,000,000 (1.165.625). (23.291.905)* 100% NARROWS DE GOYA. FRANCISCO Elul Held by a Cord 13,146.222 12,000.000 12,000.000 (1.146.222). (24,438.127) 100% NARROWS REMBRANDT VAN RUN Christ Crucified Between Two Thieves (The Three 2.384,250 1.400.000 1,400.000 (984.250) (25.422.377) 100% NARROWS KELLY, ELLSWORTH Diagonal with Curve XVI 1,665.788 ‘ 700.000 700.000 (965.788) (26.388.164). 100% NARROWS NOGUCHI, ISAMU Personuge Ill (Netgen 3) 2.147.500 • 1200.000 . 1200,000 (947,500). (27.335.664). 100% NARROWS •DE TOULOUSE-LAUTRE Au bal de ropera 10.988.634 10.125.000 10,125.000 (843.834). (28,179.298) 100% NARROWS 'KIEFER. ANSELM Isis on the Way 1.625.825 800.000 800.000 (825.625) (29.004,923) 100% NARROWS INGRES, JEAN-AUGUST Baronne Charles-Alharase Walckenear. nee Mane-, 1296.630 500.000 • 500.000 (796,630) (29.801.553)• 100% NARROWS DE GOYA, FRANCISCO La culpa es tuya (Cost de la faute) (It's all your fault 2.778.085 • 2.000.000 2030,000 (778.085), (30.579.638)• 100% NARROWS MATISSE, HENRI Femme assise en blouse Roumaine motifs de brodt 3.266,250 2,500 000 2,500,000 (786,250). (31.345.888) 100% NARROWS •REMBRANDT VAN RUN •Group of six pnnts including the Six Portrait 100 GU 9254.375 8,500 000 8,500.000 (754.375) (32.100,263) 100% NARROWS MANET. EDOUARD La posada (The tavern or Before the Corrida) 2.994.063 • 2.250 000 2.250.000 (744.063) (32.844.325)• 100% NARROWS KLEE. , PAUL Untitled 4,725,220 • 4,000.000 • 4,000,000 (725,220). (33.569.545)• 100% NARROWS MIRO, JOAN Orseau Lunaire 4,191.688 3.500.000 3,500.000 (891.688). (34,281.233) 100% NARROWS GONZALEZ. JULIO Homme gothique 3.100.324 2,500.000 2.500.000 (600.324) (34.861,557) 100% NARROWS COROT. JEAN-BAPTLSTIPortrail of Mlle. Jeanne Farochon 1,082.500 • 500 000 • 500.000 (582.500) (35.444.057i 100% NARROWS .SCHIELE. EGON Seated Nude Violet Stockings 3.375,125 * 2,800.000 2,800.000 (575.125), (36.019.182) 100% NARROWS GAUGUIN. PAUL Self-Portmg 5.062.888 4,500.000 4,500,000 (562,688)• (36,581,869) 100% NARROWS 'ZHANG HUAN Airplanes 758,625 200 000 200.000 (558.625) (37,140,494), 100% NARROWS MANET. EDOUARD Huitres 6.502.500 * 6.000.000 6.000.000 (502.500) (37.642.994) 100% NARROWS CEZANNE. PAUL Le jardin des Lauves: Vue sur Aix et le Cathedrale c 5.960.625 • 5.500.000 • 5,500,000 (460,625) (38,103.619) 100% NARROWS 'KIRCHNER, ERNST LUOWettenannen (O. H 392) 1.439,992 1.000 000 1,000,000 (439992): (38.543.611) 100% NARROWS MATISSE, HENRI Rendering of the Barnes Mural in Progress 2.177.500 1.750.000 1,750.000 (427.500) (38.971.111) (38.971.111) 100% NARROWS SEVERINI, GINO L'autobus 1.418.229 • 1.000 000 • 1,000.000 (418,229) (39.389.340). 100% NARROWS CARRACCI, LUDOVICO St. John The Evangelist 877,489 460.165 460,165 (417,324). (39.806.664). 100% NARROWS MILLET. JEANPRANCOILa ravaudeuse (Madame Millet) 570.833 175.000 175,000 (395,833)' (40,202.498) 100% NARROWS 'VAN DYCK, SIR ANTHOf Two Studies of a Bearded Man 7,893.482 7,500.000 7,500,000 (393.482) (40,595.979). 100% NARROWS SCHONGAUER Group of Prints. Including the large Crucifixion 4.355.000 * 4.000.000 • 4.000.000 (355.000) (40.950.979) 100% NARROWS TINTORETTO. JACOPO Study of male nude lying on the ground 854.233 ' 500.000 • 500,000 (354,233) (41.305.213) 100% NARROWS GIACOMETTI, DIEGO Chandelier 1.449.563 1,100 000 1,100,000 (349,563): (41,654,775) 100% NARROWS REDON. ODILON La Tenation de Saint-Antoine 1.573.244 1.250.000 1,250.000 (323.244) (41.978.019) 100% NARROWS BALDUNG, HANS Head of a Man. in Three-Quarter-Profile to the Left 4,022.880 • 3,700.000 • 3,700,000 (322,880) (42,300.899) 100% NARROWS CEZANNE, PAUL Sous-bois and Chapeau el flours dans ure bouteille 3.320,367 • 3,000.000 . 3.000.000 (320,367), (42,621.266)* 100% NARROWS DAUMIER. HONORE Galene de tableaux (Les Amateurs de tableaux) 3.810.625 3.500 000 3.500.000 (310.625), (42.931.891) 100% NARROWS DUVET. JEAN Group of Prints including the Apocalypse 3,810,625 , 3,500.000 3,500.000 (310.625) (43.242.516). 100% NARROWS KLEE. PAUL Exotische FlusslandschaR 1.306.054 1.000 000 . 1,000,000 (306.054) (43.548.570) 100% NARROWS INGRES, JEAN-AUGUST Portrait de Mlle. Jeannette Hayard 1.100,000 • 800.000 • 800,000 (300,000). (43.848,570) 100% NARROWS REDON, ODILON Bouquet de flours 2.800,000 2.500 000 2,500,000 (300.000). (44.148.570) 100% NARROWS REDON. ODILON Les Flours du Mal 1,769,219 1.500.000 1,500,000 (269.219) (44.417,789) 100% NARROWS INGRES, JEAN-AUGUST Portrait presume de Gioacchino Rossini 768.065 . 500 000 • 500,000 (288,065) (44,685.854): 100% NARROWS MASTER E. S. Group ol 15th Century Prints. Including the initial '14. 3.266,250 ' 3,000 000 . 3,000,000 (266.250). (44,952.104) 100% NARROWS HALS. FRANS Portrait of a Man Holding a Book 5.263.016 5.000 000 5,000.000 (263.016)* (45.215.120) 100% NARROWS ZUCCARO, TADCIE0 A Baccht procession with drunken Silenus 341246 80.000 80.000 (261,246) (45.476.366). 100% NARROWS MIRO, JOAN Pastorale 1.056)356 • 800,000 . 800,000 (256,656) (45.733022) 100% NARROWS GELLEE, CLAUDE CALL View of CNitavecchia with a Draughtsman and FIER 2255.330 . 2.000.000 • 2.000,000 (255.330), (45.988.352)' 100% NARROWS :DELACROIX, EUGENE Portrait de Schmareck. tanneur a Tanger 800.095 550.000 560.000 (250.095). (46.238.447) 100% NARROWS VAN LEYDEN. LUCAS The Angel Gabriel for an Annunciationt (44.22% inir 3251250 6.800.000 3,006.960 (244.290) (48.482.737), 44% NARROWS KUBIK ALFRED The Swarm 287,197 * 70.000 * 70.000 (217,197) (46.699.934)* 100% NARROWS DE GOYA. FRANCtSCO Buis of Bordeaux: a group of four (El Americano. B. 714.450 • 500.000 . 500,000 (214,450). (46.914.384) 100% NARROWS KLEE. PAUL WI (In Memoriam) 2.613.000 2.400,000 2,400.000 (213.000)* (47.127.384) 100% NARROWS PRUD'HON. PIERRE-PAIPortrait de Madame Peen de Saint-Gees 453,688 250,000 250.000 (203.688) (47.331,072) 100% NARROWS ZHANG HUAN Ash Skull No 14 346.800 ' 150.000 ' 150,000 (196,800) (47,527,872)• (8.984.260) 100% NARROWS DORER, ALBRECHT Group of Prints: Woodcuts and Engravings India:Jim 2.177.500 * 2,000,000 * 2,000,000 (177,500) (47.705,372)* 100% Page 1 of 10 EFTA_R1_02125138 EFTA02711416  TRUSTS 2014 LOB LLC UNREALIZED LO TO HI JULY 2034 SOTHEBY'S Sotheby's Fair Value I% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS OFT. NAME OF Total Paid (in Value (July Cost (if not on UNREALIZED UNREALIZED OWNERS DONEE Artist Item Description USD) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS VAN MECKENEM. *RAF Group of Prints 2.177.500 2.000.000 2.000,000 (177,503) (47.882,872) 100%. NARROWS KANDINSKY. VASSILY Above and Left 6,177,375 6.000.000 6.000,000 1177.375), (48.060.247) 100%. NARROWS KLEE, PAUL Frauenportrait in Rol (Bertha) 1.375.000 1.200.000 1202000 (175.000) (48235.247) 100% NARROWS GIACOMETTI. DIEGO Pair of Andirons 125.000 125,000 (174,898) (48.410.145): 100% NARROWS BRONZINO, GNOLO Sealed Male Nude (Study for the Martyrdom of San. 2,172,500 4,000.000 2.000,000 _(172.500), (48,582.645) 50%.Met NARROWS REDON. ODILON Beatrice 868.125 700.000 700.000 (168.125). (48.750.770) 100%. NARROWS REDON, ODILON Darn le rave (Mellen° 27-36) 205,875 40.000 . 40.000 (165.675) (48.916.445). 100% NARROWS RICKEY. GEORGE Two Lines Up ExCentrIc • Twelve Feet 762,125 600.000 . 600.000 (162.125) (49.078,570). 100% NARROWS MILLET. JEAN-FRANC/01Cooper 'Tightening Staves on a Barrel 288.863 ' 125.000 125.000 (161.863), (49240.432) 100%. NARROWS CARPACCIO. VITTORE .Study of a Lion 1,850,875 1.700.000 1,700000 (150.875). (49.391.307) 100%. NARROWS GIACOMETTL DIEGO Pedestal a roiseau 324.750 175.000 , 175.000 (149.750) (49,541.057), 100% NARROWS KLEE, PAUL Weib und Tier (Kornfeld. no. 3) 249.458 100.000 100.000 (149.458) (49,690.515). 100% NARROWS CONSTABLE. JOHN Cloud Study 598,813 450,000 450000 (148,813). (49,839.328) 100%. NARROWS KLEE. PAUL Tief -Ebert (Lowlands) 1.897.564 1.750.000 1,750.000 (147.564) (49.986.892) 100%, NARROWS LELY. SIR PETER A standing figure of a gentleman from the Processic 1.794,461 . 1,648.185 1,848.165 _046.296) (50.133.188). 100% NARROWS VALDES. MANOLO Anadna I 695,050 550.000 560.000 (145.050) (50278.238), 100% NARROWS .NOLDE. EMIL Junges Paar (S. L52) 228.969 90.000 90.000 (138.969), (50.417.207) 100%, NARROWS GIACOMETTI, ALBERTOJean.Paul Sartre 385.988 250.000 250,000 _035.988). (50,553,194) 100%. NARROWS WESSELMANN, TOM Nude wilh Floral All (Large Black) 385.000 250.000 250.000 (135.000) (50.688.194) 100% NARROWS ENSOR. JAMES Alimentation doctrinaire- Doctrinal Nourishment (7.1 248.235 114.000 , 114.000 _034.235) (50.822.429). 100% NARROWS BECKMANN. MAX ,Bei der Toilette (Al the Toilette) (H. 261 B; GI. 232; ( 150,000 20.000 20,000 _030.000). (50,952,429) 100%. NARROWS CASTELLANI. ENRICO Supedicie dente 402.315 275.000 275.000 (127,315), (51.079.744) 100%, NARROWS CHASSERLAU. THEODO Recto: Portrait of a Little Couloughr 249.022 125.000 . 125.000 _024.022) (51.203.766). 100% NARROWS KLEE, PAUL Weib und Tier - Inv. 1(Komfeld. no.13) 273.102 150.000 150.000 (123.102) (51.326.868). 100% NARROWS BRACX/E. GEORGES La tabie (Still Life with a Fan)t (50% interest) 2671,938 • 5,500.000 2.750.000 (121.938), (51.448.806) 50%.MoMA NARROWS KLIMT. GUSTAV .Reclining Woman to the Right 570.892 450.000 450,000 1120,692). (51,569498) 100% NARROWS 'REMBRANDT VAN RUN Chnst Crucified Between Two Thieves (The Three e 1.517,250 . 1,400000 . 1,400.000 (117250) (51.686,748). 100% NARROWS DELACRODC EUGENE Menae julve a Tanger 1.115.000 1.000.000 1.000.000 _015.000) (51.801.748). 100% NARROWS WRIGHT Of DERBY. JO A Grotto in the Gulf of Salerno. Morning and A Groh 1.408,875 . 1.300.000 • 1,300,000 _008,875). (51910623) (4.382.751). 100%. NARROWS FRA BARTOLOMMEO (EISludies of HeadS• a dOuble4ded drawing 2.107.894 2.000.000 2,000.000 (102894), (52,018.517) 100%. NARROWS GEtOSZ. GEORGE euomo nuovo 1.431.161 1.325.000 1.325.000 _006.161) (52.124678). 100% NARROWS KLEE. PAUL Die Schlange 1,100888 1 1.000 000 1 1000,000 (100888) (52228.566). 100% NARROWS 8AROCCI. FEDERICO Recto: Studies of Angels and Children's Heads 503.107 400.000 400.000 (100107). (52.331.673) 100%, NARROWS KLEE. PAUL .Chinesisch II 1.300.500 1.200.000 1,200.000 (100.500). (52,432.173) 100% NARROWS 'MATISSE. HENRI ALA0Ponrait 270.625 175.000 175.000 (95,625) (52.527.798). 100%. NARROWS KLIMT. GUSTAV Reclining Woman with Bent Arms 345.419 250.000 250.000 (95.419) (52.623.217). 100% NARROWS :TURNER, RA., JOSEPHKdgarren Castle. Pembrokeshire 693.875 • 600.000 • 800,000 (93,875). (52717.092) 100%. NARROWS SERRA. RICHARD Transparency 03.2012 193.569 100.000 100.000 (93.569). (52.810.660) 100%. NARROWS DURER, ALBRECHT Adam and Eve (Bartsch 1: Mader state Ka of Ilki) 1.192.125 1.100.000 1.100.000 (92.125) (52.902,785). 100% NARROWS SERRA. RICHARD Transparency #2. 2012 191.529 : 100.000 , 100.000 (91.529) (52.994.314). 100% NARROWS PICASSO. PABLO Etude de personnages 1,291.000 1,200.000 1200.000 (91000), (53,085.314) 100%, NARROWS ENSOR. JAMES .Self Portrait 489.938 400.000 400.000 (89.938). (53.175,252) 100% NARROWS 'GERICAULT, THEODORUntitled (Leda and the Swan) 1.088.750 1,000.000 1,000000 (88.750) (53.264.002). 100%. NARROWS DORER. ALBRECHT Saint Anlhony Reading 420.802 336.500 336.500 (84.302) (53.348.304). 100% NARROWS REDON. ODILON .After Edgar A. Poe (klellerio 3743) 162.375 80.000 ' 80.000 (82,375). (53.430.679) 100%. NARROWS ,BOUCHER. FFtANcOIS Sheet of Studies of a Turbanned Head. a Foot, and 847.857 770,000 770.000 (77.857). (53.508.536) 100%. NARROWS INGRES. JEAN-AUGUST Mere el enfant (Esquisse de le Martyrs de Saint Syr 200.263 125.000 125.000 (75.263) (53.583.798). 100% NARROWS SEURAT. GEORGES Cavalier sur une route 1.575.214 , 1.500.000 •, 1.500,000 (75,214) (53.859.013). 100% NARROWS LONG. RICHARD Sun Line 325.125 250.000 250,000 (75.125). (53,734.138) 100%. NARROWS LONG. RICHARD Cornish Slate Cross 325.125 250.000 250.000 (75.125), (53.809.263) 100%. NARROWS DENIS. MAURICE .Jeunes filles cuedlant des flours devant la mer 572,400 500.000 500.000 (72.400) (53.881.663). 100% NARROWS FOSSE. CHARLES DE Li A mounted soidier. seen from behind 429029 360.000 360.000 (69,829) (53.951.492) 100% NARROWS KELLY. ELLSWORTH Brushstrokes Cut into Thirty-five Squares and Arran 293.962 ' 225.000 . 225.000 (68.962), (54.020.454). 103%. NARROWS PIRANESI. GIOVANNI An Architectural Fantasy with a Colossal Obelisk . 867.000 800.000 800.000 (67.003). (54.087.454) 100%. NARROWS DAUMIER, HONORE L'amateur d'estampes 315.498 . 250.000 . 250.000 (65.498) (54.152,951). 100% NARROWS BELLOWS, GEORGE WE Dempsey and Firpo (M. 181) 127.735 65.000 65.000 (82.735) (54215.688). 100% NARROWS KHNOPFF. FERNAND De ammalst6 121,781 ' 60.000 ' 60,000 (61.781), (54277.468) 100%. NARROWS KIRCHNER, ERNST LUDKopf Ludwig Schemes (0.H 330) 100,000 40.000 40.000 (60.000), (54,337.468) 100%. NARROWS NOLDE. EMIL Junges Paar (S.L52) 150.000 90.000 . 90.000 (80.000) (54.397,468). (2.486.845). 100% LDB LENNON. JOHN Autograph manuscript of John Lennon's lyrics for aii 1,309.222 1.250.000 1.250.000 (59,222) (54.456.690). 100% NARROWS NOLDE. EMIL Junges Pear (S.L52) 233.658 175.000 . 175,000 (58.658) (54.515,348) 100% Page 2 of 10 EFTA_R1_02125139 EFTA02711417  TRUSTS 2014 LDS LLC UNREALIZED LO TO HI JULY 2014 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT, NAME OF Total us Pai)cl (in Value (July Cost (if not on UNREALIZED UNREALIZED OWNERS DONEE Artist Item Description o 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS MULTIPLE ARTISTS A Selection of Early German Prints 707.688 650.000 650,000 (57.688), (54.573.036) 100%. NARROWS DAVID, JACQUES-LOUEPortrait of a Revolutionary in Profile Facing Left 255.000 200.000 200,000 . (55.000), (54.628.036) 103%. NARROWS FRAGONARD, JEAN.HO Landscape with a Double Flight of Steps and Eight i 654.913 . 600.000 . 603.000 (54.913) (54.682.948). 100% NARROWS REMBRANDT VAN RUN The Three Trees (Bartsch 212: White/Boon. only ste 704.438 650.000 850000 (54,438) (54.737.386). 103% NARROWS VASARI. GIORGIO Christ Giving Sant Peter the Keys (Le Christ donna! 535000 (53.621), (54,791,007) 100%, NARROWS FRIEDRICH. CASPAR D.IDas grosse gehege 1.302.828 588.621 • 1,250000 1,250 635.'000 (52.828) (54.843.835) 100%. NARROWS REMBRANDT VAN RUN A Vagrant Couple with a Dog 672.792 620.000 620.000 (52.792) (54.896,627) 100% NARROWS BRUEGEL THE ELDER, I The Rabbit Hunt 677,344 625,000 625 00 (52.344) (54.948.971). 100% NARROWS INGRES, JEAN-AUGUST Virgil Reading the Aeneid to Augustus. Livia. and Ot 650.250 1.500.000 600:000 (50.250), (54.999.221) 40%.Met NARROWS BEAROSLEY, AUBREY 1.; The Achieving of the Sangreal 175,000 125.000 125,000 (50.000) (55.049.221) 100%, NARROWS COROT. JEAN43APTISTiRome. La Vasque de la Villa Medici 550,000 500.000 500000 (50,000) (55.099221). 100% NARROWS GIACOMETTI. DEGO Pair of Lamps Decorated with Owl and Cup 165,622 12750000000 120.000 (45.622) (55.144.843). 100% NARROWS BECKMANN, MAX Selbstbikkus ma Steifem Hut (H.180: GL.157; G.152 120,000 75,000 (45.000). (55,189.843) 100%. NARROWS DUTCH AND FLEMISH, 1Group of prints including examples by Lucas van Le 544.375 500.000 500.000 (44.375), (55234.218) 100%, NARROWS EARLY ITALIAN AND SP.Group of prints including The Campagnola 544,375 500.000 5C0.000 (40.375) (55.278593). 100% NARROWS REMBRANDT VAN RUN Landscape with Three Gabled Cottages Beside a R. 544.375 500.000 . 500.000 (44.375) (55.322.968). 100% NARROWS WATTEAU. JEAN-ANTOI Untitled (Cottage) (Landscape after Campagnola) 544.375 . 500.000 500,000 (44375). (55.367.343) 103%, NARROWS BURNE-JONES, EDWAHSit Galahad 243,563 200.000 200,000 (43.563). (55,410,905) 100%, NARROWS NOLDE, EMIL Segelboat (S.H.37) 58500 . 15000 . 15.000 (43.500) (55.454.405), 100% NARROWS KLEE, PAUL Charms (Weiblich Anmut) Invention no. 5 (K 12) (Fe 103431 60.000 . 60.000 (43431) (55.497.836). 100% NARROWS ENSOR, JAMES La Vengeance de Hop Frog (Hop Frog's Revenge 113.310 • 70.000 70000 (43.310). (55541,147) 100%, NARROWS CARRACCI. ANNIBALE .Return of the Prodigal Son 342.073 300.000 300000 (42.073). (55583.220) 100%, NARROWS GREUZE. JEAN.BAPTIS" Portrait of a Young Gentleman 458.152 415.000 415.000 (41.152) (55.624,372). 100% NARROWS DAVID. JACQUES-LOVE The Ghost of Seplimus Severn Appearing to Carer 520,200 480.000 (40.200) (55,664.572). 100% NARROWS BOURDELLE, EMILE AN'Penolopo . 60,000' 20.000 70000 482g:000 (40.000), (55,704572) 103%, NARROWS .KIRCHNER. ERNST LUDBiliardspieler (CI L290) 110,000 70000 (40000). (55244572) 100%. NARROWS GAJNSBOROUGH, THOk Wooded Landscape vnth Figures Outside a Cottage 189,438 150,000 150.000 (39.438) (55,784,009). 100% NARROWS SERRA. RICHARD Conrad 538,931 500.000 500.000 (38.931) (55.822.941). (1.425.473) 100% NARROWS SERRA, RICHARD Olson 538.931 • 500.000 • (38,931). (55,861.872) . 100%. NARROWS )(LEE. PAUL Invention 8 - Perseus (Dec Witz hat uber des Leid gr 88233 50.000 550 000 7 (38.733). (55.900.605) . 100%, NARROWS ALTDORFER. ALBRECH.A Landscape with Two Pine Trees it the Center (B. 588.621 (38.621) (55.939.226). 100% NARROWS GORKY. ARSHILE Nighttime. Enigma and Nostalgia 163.375 . 5 1520 5:000 •• 125000 (30375) (55.977501). 100% NARROWS BELLOWS, GEORGE WEA Stag at Sharkey's (M.46) 133,688 100,000 100,000 (33,6881 (56.011,289) 100%. NARROWS DERAIN. ANDRE Figures in a Landscape 433.000 400.000 400.000 (33,000). (56,044.289) 100% NARROWS DUBUFFET. JEAN Table au couven dresse 60.000 60000 (32.012) (56,076.301). 100%. NARROWS GIACOMETD. ALBERTO Larnpadaire a la tote de lemma 131.662 92.012 ' 100.000 103.000 (31.662) (56.107.963). 100% NARROWS MASTER L. CZ. Untitled 381.063 ' - 350.000 (31,063). (56.139.026) 100% NARROWS .BORNE-JONES, EDWAH The Wise and Foolish Virgins 805.600 775000 775,000 (30,603), (56.169.826) 100%, NARROWS MODIGLLANI, AMEDEO Caryatid. Frontal View. with Background. Hands Bel 380.188 350.000 350.000 (30.188) (513.199.813). 100% NARROWS DORER, ALBRECHT Coat of Anns with a Skull 368.542 338.500 (30042) (56.229.855), 100% NARROWS KIRCHNER, ERNST LUDArtistenkind-Marcella (Dube L. 136,1 of II) 80.000 50.000 (30.000), (56259,655) 100%, NARROWS MARIN, JOHN From Crotch Isle, Maine . 60.000 : W.:00 00500 g (30.000), (56.289.855) 100% NARROWS HUGO. VICTOR A Figure Passing in the Horizon. a Gothic Chapel in 154,319 125.000 30. 125.000 (29319) (56.319.174). 100%. NARROWS DONGEN. KEES VAN Femme a sit toilette 54.000 25.000 25.000 (29.000) (56.348,174). 100% NARROWS POUSSIN, NICOLAS .Pliedre with Cupid and Pegasus 728.515 • 700.000 700,000 (28,515). (56.376.689) 100%. NARROWS pecAs. EDGAR 0anseuse mettant son bas 277.500 250.000 (27.503). (56.404.189) 100%, NARROWS GIMHONGSOK Canino Construction 127,500 100.000 103 250.000 (27.500) (56.431.689). 100% NARROWS REDON, ODILON Caliban 325.125 : 300.000 *. 303.000 (25.125) (56.458.814). 100% NARROWS GERICAULT. THEODORRecto, Roux Hies eorientaux (The Heads of Two T 275.000 250.000 (25,000), (56,481.814) 100% Mel NARROWS MOREAU. GUSTAVE Le jeune homme et la mod (Hommage a Chasseriat 275.000 250.000 137501 250.®0 250.000 (25.000). (56.506.814) 100%. NARROWS TWACHTMAN, JOHN HE kites 5.5.000 30.000 (25000) (56.531.814). 100% NARROWS NOLDE. EMIL Calla and Sommerblumen 196.474 175000 (21,474) (56.553.288). 100% NARROWS PIAZZETTA. GIAMBATTStanding Male Nude (recto). Seated Male Nude (vet 261.300 240.000 ' 240,000 (21.303). (56.574.588) 103%. NARROWS BRESDIN. RODOLPHE ,A Battle Scene 100.131 80000 80.000 (20.131), (56.594.719) 100%, NARROWS BRESDIN. RODOLPHE A Lion Hunt 100.131 80.000 80000 (20.131) (56.614.851). 100% NARROWS SERRA, RICHARD Solid No. 3 218.971 200.000 : (18,971) (56.633.822). 103% NARROWS SERRA, RICHARD Solid No. 11 218.971 200.000 203°°0 200,000 (18.971). (56.652.793) 100%. NARROWS DIX. 01TO Mary 108.875 90.000 90.000 (18.875). (56.671.668) (848.728): 100%. NARROWS .SERRA. RICHARD Solid No. 13 218.189 200.000 200.000 _(18.1139) (56.689,857). 100% NARROWS ENSOR. JAMES Mon atelier 34.100 16.000 16,000 (18,100) (56,707.957). 100% NARROWS CHIRINO. MARTIN Cabenza 25.000 7.000 7,000 (18,000) (56.725.957) 103% Page 3 of 10 EFTA_R1_02125140 EFTA02711418  TRUSTS 2014 LDB LLC UNREALIZED LO TO HI JULY 2014 SOTHEBY'S Sotheby's Fair Value (% CUMULATIVE (PLEDGED) Appraised Ownership) or GROSS GIFT. NAME OF Total Paid (in Value (July Cost (if not on UNREALIZED UNREALIZED OWNERS DONEE AnISt gem Description USD) 2014) Appraisal) GAIN (LOSS) GAIN (LOSS) INCREMENTAL HIP % INSTITUTION NARROWS JORDAENS. JACOB Study of a Man Seen from Behind 316.282 300.000 300,000 (16.282). (56.742.239) 100%. NARROWS .MUNCH, EDVARD Vampyre (S.34; W.41) 265.776 250.000 250,000 (15.776). (56.758.015) 100%. NARROWS KLEE. PAUL Dor Hold mit dem Flimel • Invenfion 2 (K.16) 115.584 100,000 100,000 (15.584) (56.773.599). t00% NARROWS GILLOT. CLAUDE Celebration en Itionneur du dieu Pan (Celebration it 215.390 . 200.000 200.000 (15,390) (56.788.989). 100% NARROWS ZHANG HUAN Handicraftsman (from the Memory Door series) 195.075 180.000 ' 180,000 _(15,075). (56.804.064) 100%. NARROWS ZHANG HUAN Broomcom Field (frorn the Memory Door series) 195.075 180.000 180.000 (15.075). (56.819.139) 100%. NARROWS ZHANG HUAN Stairs (from the Memory Door series) 195,075 . 180.000 . 180.000 J15.075) (56.834.214). 100%' NARROWS COROT, JEAN-BAPTIST( Vue de Volterra 85.000 70.000 70,000 (18000) (56,849214). 100% NARROWS BECKMANN. MAX Taubstumme 64.435 ' 70.000 70,000 (14,435). (56.863.649) 103%. NARROWS LONGHI. PIETRO Two Standing Women 174.200 160.000 160.000 A14,200). (56.877.849) 100%. NARROWS KIRCHNER, ERNST tub Tanzerin mit gehobenem Rock (Dube W 141) 103,797 . 90,000 90.000 (13.797) (56.891646). 100% NARROWS DORER. ALBRECHT The Four Horsemen (Bartsch 64: Mader 167b) 373.602 360.000 . 360.000 A13,842) (56.905.288). 100% NARROWS OE SAINT-AUDI& GABR The Triumph of Pompey/ (50% interest) 212,462 . 400.000 200.000 Al2.462). (56,917,750) 50%. NARROWS .OE SAINT.AUBIN. GABR Victory of Tarquin over the Sabres and Etruscans 27.156 15.000 15.000 (12.156), (56.929.907) 100%, NARROWS KLEE. PAUL Greiser Phoenix - Inv. 9 (Komfeld. 17) 131,493 . 120.000 . 120.000 _(11.493) (58.941.400). 100%' NARROWS INGRES, JEAN.AUGUST Gabriel Codas de Pressigny (Deftest 1 MO) 16.898 , 6,000 . 6.000 (10,898) (56.952.298). 100% NARROWS BECKMANN. MAX Kasbek (H. 281: G. 245) 28.145 12500 17.500 (10,645), (56.962.943) 100%, NARROWS ENSOR. JAMES La Belgique au XIXe siede -- Belgium in the XIXth C 124,117 114.000 114,000 (10,117). (56173880) 100% NARROWS MANET, EDOUARD Apres le bain $ (Leaving the Bath) (Seated Bather) 218000 . 200.000 . 200.000 (18000) (56.982060), 100% Met NARROWS SEUFtAT, GEORGES Arbres et bateaux 1.760.000 1.750.000 1.750.000 (10.000) (56.993.060). 100% NARROWS EDOUARD .Le Mannequin 58538 . 50.000 . 50,000 (9,538), (57,002,597) 100%. NARROWS 'ENSOR. JAMES .Le Combat des poutileux Desir et Rissole - the Fight 124,117 115.000 118000 (9.117) (57.011.714) 100%. NARROWS ENSOR. JAMES Les Bans dOstende - The Baths at Ostend (Ti 15) 124.117 . 115.000 . 115.000 (8117) (57.020,831). 100%' NARROWS BRESOIN, RODOLPHE Le Bon Samaman (Neuman 49; Van Gelder 100) 88.568 80.000 . 80.000 (8.568) (57.029.400). 100% NARROWS MILLET. JEAN-FFtAKOISleoping Nude 283875 • 275.000 275.000 (8,075), (57.037.475) 100%. NARROWS .VON MENZEL. ADOLPH Christmas Eve 108,000 100.000 100,000 (8,000). (57.048475) 100%. NARROWS MUNCH, EDVARD Etfursurbt (grosse Fassung) (S. 58; W.69) 47,500 . 40.000 40.000 (7.500) (57.052,975). (381.306) 100%' NARROWS BALDUNG. HANS Group of Seven Horses (Bartsch 56: Holstein 238: 186.821 180.000 180.000 (6