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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1308547	Dolby Laboratories Inc.	DLB	Radio & Tv Broadcasting & Communications Equipment (3663)	900199783

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1256708	Andrew Mark Sherman	C/O Dolby Laboratories, Inc. 100 Potrero Avenue 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
Class A Common Stock	Acquisiton	2013-12-16	13,927	$0.00	72,849	No	4	A	Direct
Class A Common Stock	Disposition	2013-12-16	1,842	$37.35	71,007	No	4	F	Direct
Class A Common Stock	Disposition	2013-12-18	2,293	$37.37	68,714	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	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)	Acquisiton	2013-12-16	74,037	$0.00	74,037	$37.35

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
74,037		2023-12-16	No	4	A	Direct

Footnotes

Shares held following the reported transactions, include 71,441 restricted stock units, which are subject to forfeiture until they vest.
Award represents a total of 13,927 restricted stock units granted under the terms of the Issuer's 2005 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of December 16, 2013. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
This option was granted for a total of 74,037 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on the first anniversary of December 16, 2013, the vesting commencement date, and the balance of the shares in equal monthly installments over the next 36 months thereafter.
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 66,541 restricted stock units, which are subject to forfeiture until they vest.