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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1308547	Dolby Laboratories Inc.	DLB	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1256708	Andrew Mark Sherman	C/O Dolby Laboratories, Inc. 1275 Market Street 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	Disposition	2016-12-21	1,879	$46.30	49,463	No	4	F	Direct
Class A Common Stock	Disposition	2016-12-22	1,119	$46.07	48,344	No	4	S	Direct

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

Footnotes

In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer and not issued to the reporting person in order to cover withholding taxes incident to the vesting of restricted stock units.
Shares held following the reported transactions include 31,861 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
This transaction was executed in multiple trades at prices ranging from $45.97 to $46.30. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission 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.