Filing Details

Accession Number:
0000950170-24-023922
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-01 16:30:09
Reporting Period:
2024-02-28
Accepted Time:
2024-03-01 16:30:09
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
1746636 Todd Pendleton C/O Dolby Laboratories, Inc.
1275 Market Street
San Francisco CA 94103
Svp, Chief Marketing Officer 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 2024-02-28 8,499 $71.07 56,566 No 4 M Direct
Class A Common Stock Acquisiton 2024-02-28 3,523 $68.40 60,089 No 4 M Direct
Class A Common Stock Disposition 2024-02-28 24,395 $81.69 35,694 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2024-02-28 8,499 $0.00 8,499 $71.07
Class A Common Stock Employee Stock Option (Right to Buy) Disposition 2024-02-28 3,523 $0.00 3,523 $68.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,644 2032-12-15 No 4 M Direct
0 2029-12-16 No 4 M Direct
Footnotes
  1. Shares held following the reported transactions include 35,694 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
  2. The shares were sold in multiple transactions at prices ranging from $81.65 to $81.78, 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.
  3. This option was granted for a total of 29,143 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, 2022, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.
  4. This option was granted for a total of 42,275 shares of Class A Common Stock. The option exercised in this transation was fully vested and exercisable as of the transaction date.