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Filing Details

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
1596051	Bob Borchers	C/O Dolby Laboratories, Inc. 1275 Market St. San Francisco CA 94103	Svp & Chief Marketing Officer	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	Acquisiton	2017-11-20	33,179	$41.31	83,280	No	4	M	Direct
Class A Common Stock	Disposition	2017-11-20	33,179	$61.74	50,101	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	2017-11-20	33,179	$0.00	33,179	$41.31

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
95,404		2024-01-15	No	4	M	Direct

Footnotes

Shares held following the reported transactions include 40,748 restricted stock units which are subject to forfeiture until they vest.
This transaction was executed in multiple trades at prices ranging from $61.65 to $61.76. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the staff of the Securities and Exchange Commission, 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 171,425 shares of Class A Common Stock. 1/4th of the total number of shares issuable under the option vested on the first anniversary of January 15, 2014, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.