Filing Details

Accession Number:
0001209191-21-008662
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-08 21:19:34
Reporting Period:
2021-02-05
Accepted Time:
2021-02-08 21:19:34
SEC Url:
Form 4 Filing
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 2021-02-05 1,436 $91.68 50,237 No 4 S Direct
Class A Common Stock Disposition 2021-02-05 227 $92.23 50,010 No 4 S Direct
Class A Common Stock Acquisiton 2021-02-05 2,882 $45.50 52,892 No 4 M Direct
Class A Common Stock Disposition 2021-02-05 2,707 $91.48 50,185 No 4 S Direct
Class A Common Stock Disposition 2021-02-05 175 $92.23 50,010 No 4 S Direct
Class A Common Stock Acquisiton 2021-02-05 23,118 $45.50 73,128 No 4 M Direct
Class A Common Stock Disposition 2021-02-05 22,622 $91.58 50,506 No 4 S Direct
Class A Common Stock Disposition 2021-02-05 496 $92.23 50,010 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 2021-02-05 2,882 $0.00 2,882 $45.50
Class A Common Stock Employee Stock Option (right to buy) Disposition 2021-02-05 23,118 $0.00 23,118 $45.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
49,118 2026-12-15 No 4 M Direct
0 2023-12-15 No 4 M Direct
Footnotes
  1. The shares were sold in multiple transactions at prices ranging from $91.22 to $91.94, 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.
  2. Shares held following the reported transactions include 34,172 restricted stock units, which are subject to forfeiture until they vest
  3. The shares were sold in multiple transactions at prices ranging from $91.17 to $92.08, 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.
  4. The shares were sold in multiple transactions at prices ranging from $91.135 to $92.08, 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.
  5. This option was granted for a total of 52,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2016, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.
  6. This performance-based stock option award was granted for a total of 26,000 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 24,700 shares.