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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1308547	Dolby Laboratories Inc.	DLB	Radio & Tv Broadcasting & Communications Equipment (3663)	900199783

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1315517	S Mark Anderson	C/O Dolby Laboratories, Inc. 100 Potrero Avenue San Francisco CA 94103	Evp, Gen. Coun. & Secrty.	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2010-11-15	12,500	$28.13	31,400	No	4	M	Direct
Class A Common Stock	Disposition	2010-11-15	12,500	$64.89	18,900	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option (Right to Buy)	Disposition	2010-11-15	12,500	$0.00	12,500	$28.13

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2016-11-14	No	4	M	Direct

Footnotes

Shares held following the reported transactions include 18,833 restricted stock units, which are subject to forfeiture until they vest.
This transaction was executed in multiple trades at prices ranging from $64.51 to $65.24. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
Shares include 33 shares acquired under the Issuer's Employee Stock Purchase Plan on May 17,2010.
Shares include 34 shares acquired under the Issuer's Employee Stock Purchase Plan on November 15, 2010.
This option was granted for a total of 50,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on each anniversary of November 14, 2006, the vesting commencement date.