Filing Details
- Accession Number:
- 0001209191-23-007946
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-08 21:24:36
- Reporting Period:
- 2023-02-06
- Accepted Time:
- 2023-02-08 21:24:36
- 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 | 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 | 2023-02-06 | 50,000 | $37.35 | 146,245 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-02-06 | 41,738 | $84.48 | 104,507 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-02-06 | 8,262 | $85.24 | 96,245 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2023-02-07 | 15,153 | $37.35 | 111,398 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2023-02-07 | 21,850 | $45.50 | 133,248 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-02-07 | 31,202 | $83.86 | 102,046 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-02-07 | 5,801 | $84.37 | 96,245 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2023-02-06 | 50,000 | $0.00 | 50,000 | $37.35 |
| Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-02-07 | 15,153 | $0.00 | 15,153 | $37.35 |
| Class A Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-02-07 | 21,850 | $0.00 | 21,850 | $45.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 15,153 | 2023-12-16 | No | 4 | M | Direct | |
| 0 | 2023-12-16 | No | 4 | M | Direct | |
| 0 | 2023-12-15 | No | 4 | M | Direct |
Footnotes
- Shares held following the reported transactions include 43,636 restricted stock units, which are subject to forfeiture until they vest.
- This transaction was executed in multiple trades at prices ranging from $84.03 to $85.00. 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.
- The shares were sold in multiple transactions at prices ranging from $85.04 to $85.91. 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.
- This transaction was executed in multiple trades at prices ranging from $83.26 to $84.25. 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 transaction was executed in multiple trades at prices ranging from $84.26 to $84.67. 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 65,153 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date.
- 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, 2019 was at 95% of target, or 21,850 shares.
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