Filing Details

Accession Number:
0001209191-20-065064
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-23 17:55:01
Reporting Period:
2020-12-23
Accepted Time:
2020-12-23 17:55:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1308547 Dolby Laboratories Inc. DLB Patent Owners & Lessors (6794) 900199783
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1731843 Giles Baker C/O Dolby Laboratories, Inc.
1275 Market Street
San Francisco CA 94103
Svp, Consumer Entertainment 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 2020-12-23 21,850 $45.50 54,226 No 4 M Direct
Class A Common Stock Disposition 2020-12-23 21,850 $94.00 32,376 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 2020-12-23 21,850 $0.00 21,850 $45.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-12-15 No 4 M Direct
Footnotes
  1. Shares held following the reported transactions include 32,376 restricted stock units, which are subject to forfeiture until they vest.
  2. The shares were sold in multiple transactions at prices ranging from $94.00 to $94.04, inclusive. The price reported above reflects the weighted average sale 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.
  3. This performance-based stock option award was granted for a total of 23,000 shares of Class A Common Stock at target. The number of shares actually earned and vested upon the achievement of total shareholder return performance criteria measured during a three-year performance period ended on December 15, 2019 was at 95% of target, or 21,850 shares.