Filing Details

Accession Number:
0000950170-24-013922
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-12 16:45:12
Reporting Period:
2024-02-08
Accepted Time:
2024-02-12 16:45:12
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
1894052 D John Couling C/O Dolby Laboratories, Inc.
1275 Market Street
San Francisco CA 94103
Svp, Entertainment No No 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 2024-02-08 50,000 $42.98 158,519 No 4 M Direct
Class A Common Stock Disposition 2024-02-08 50,000 $80.00 108,519 No 4 S Direct
Class A Common Stock Acquisiton 2024-02-09 12,440 $42.98 120,959 No 4 M Direct
Class A Common Stock Acquisiton 2024-02-09 21,120 $62.32 142,079 No 4 M Direct
Class A Common Stock Disposition 2024-02-09 33,560 $80.81 108,519 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
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 2024-02-08 50,000 $0.00 50,000 $42.98
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2024-02-09 12,440 $0.00 12,440 $42.98
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2024-02-09 21,120 $0.00 21,120 $62.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,440 2024-12-15 No 4 M Direct
0 2024-12-15 No 4 M Direct
0 2024-12-15 No 4 M Direct
Footnotes
  1. Shares held following the reported transactions include 45,029 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
  2. The shares were sold in multiple transactions at prices ranging from $80.45 to $81.07, 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 option was granted for a total of 62,440 shares of Class A Common Stock. The option exercised in this transation was fully vested and exercisable as of the transaction date.
  4. 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, 2020 was at 96% of target, or 21,120. shares.