Filing Details

Accession Number:
0001209191-20-032754
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-28 19:29:31
Reporting Period:
2020-05-26
Accepted Time:
2020-05-28 19:29:31
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-05-26 38,218 $33.15 71,113 No 4 M Indirect By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock Disposition 2020-05-26 38,218 $60.00 32,895 No 4 S Indirect By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock Acquisiton 2020-05-26 11,782 $33.15 44,677 No 4 M Indirect By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock Disposition 2020-05-26 11,782 $60.00 32,895 No 4 S Indirect By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock Acquisiton 2020-05-27 49,664 $33.15 82,559 No 4 M Indirect By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
Class A Common Stock Disposition 2020-05-27 49,664 $61.20 32,895 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 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 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
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 2020-05-26 38,218 $0.00 38,218 $33.15
Class A Common Stock Employee Stock Option (right to buy) Disposition 2020-05-26 11,782 $0.00 11,782 $33.15
Class A Common Stock Employee Stock Option (right to buy) Disposition 2020-05-27 49,664 $0.00 49,664 $33.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-12-15 No 4 M Indirect
182,617 2025-12-15 No 4 M Indirect
132,953 2025-12-15 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 107,388 Direct
Footnotes
  1. The shares were sold in multiple transactions at prices ranging from $60.769 to $61.70, 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.
  2. Shares held following the reported transactions include 107,388 restricted stock units, which are subject to forfeiture until they vest.
  3. This performance-based stock option award was granted for a total of 97,199 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, 2018 was at 125% of target, or 121,498 shares.
  4. This option was granted for a total of 194,399 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2015, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.