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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
1315522	E Steven Forshay	C/O Dolby Laboratories, Inc. 100 Potrero Avenue San Francisco CA 94103	Svp, Advanced Technology Group	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	2015-04-24	23,300	$17.24	72,737	No	4	M	Direct
Class A Common Stock	Disposition	2015-04-24	23,300	$40.72	49,437	No	4	S	Direct
Class A Common Stock	Acquisiton	2015-04-27	9,700	$17.24	59,137	No	4	M	Direct
Class A Common Stock	Disposition	2015-04-27	9,700	$41.00	49,437	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	2015-04-24	23,300	$0.00	23,300	$17.24
Class A Common Stock	Employee Stock Option (right to buy)	Disposition	2015-04-27	9,700	$0.00	9,700	$17.24

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
21,248		2015-06-16	No	4	M	Direct
11,548		2015-06-16	No	4	M	Direct

Footnotes

Shares held following the reported transactions include 22,943 restricted stock units, which are subject to forfeiture until they vest.
This transaction was executed in multiple trades at prices ranging from $40.41 to $41.125. The price reported above reflects the weighted average 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.
This option was granted for a total of 44,548 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on each anniversary of June 16, 2005, the vesting commencement date.