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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
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
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
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	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

The original Form 4 did not report that option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2023.
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.