Filing Details
- Accession Number:
- 0000950170-24-013922
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-12 16:45:12
- Reporting Period:
- 2024-02-08
- Accepted Time:
- 2024-02-12 16:45:12
- 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 | No | 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 | 2024-02-08 | 50,000 | $42.98 | 158,519 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-02-08 | 50,000 | $80.00 | 108,519 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2024-02-09 | 12,440 | $42.98 | 120,959 | No | 4 | M | Direct | |
Class A Common Stock | Acquisiton | 2024-02-09 | 21,120 | $62.32 | 142,079 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-02-09 | 33,560 | $80.81 | 108,519 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | 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 | 2024-02-08 | 50,000 | $0.00 | 50,000 | $42.98 |
Class A Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2024-02-09 | 12,440 | $0.00 | 12,440 | $42.98 |
Class A Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2024-02-09 | 21,120 | $0.00 | 21,120 | $62.32 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,440 | 2024-12-15 | No | 4 | M | Direct | |
0 | 2024-12-15 | No | 4 | M | Direct | |
0 | 2024-12-15 | No | 4 | M | Direct |
Footnotes
- Shares held following the reported transactions include 45,029 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- The shares were sold in multiple transactions at prices ranging from $80.45 to $81.07, 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.
- This option was granted for a total of 62,440 shares of Class A Common Stock. The option exercised in this transation 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, 2020 was at 96% of target, or 21,120. shares.