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Filing Details

Accession Number:: 0001209191-23-053191
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-10-19 17:17:08
Reporting Period:: 2023-10-17

Accepted Time:: 2023-10-19 17:17:08
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
1200469	J Kevin Yeaman	C/O Dolby Laboratories, Inc. 1275 Market Street San Francisco CA 94103	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2023-10-17	9,030	$42.98	60,909	No	4	M	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock	Disposition	2023-10-17	1,676	$81.53	59,233	No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock	Disposition	2023-10-17	7,054	$82.49	52,179	No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock	Disposition	2023-10-17	300	$82.89	51,879	No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
No	4	S	Indirect	By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option (Right to Buy)	Disposition	2023-10-17	9,030	$0.00	9,030	$42.98

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
63,456		2024-12-15	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	119,557	Direct

Footnotes

The shares were sold in multiple transactions at prices ranging from $80.805 to $81.79. 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.
The shares were sold in multiple transactions at prices ranging from $81.88 to $82.85. 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.
The shares were sold in multiple transactions at prices ranging from $82.88 to $82.90. 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.
Shares held following the reported transactions include 119,557 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
This option was granted for a total of 291,598 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date.