Filing Details

Accession Number:
0000950170-24-115380
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-17 17:14:46
Reporting Period:
2024-10-15
Accepted Time:
2024-10-17 17:14:46
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 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 2024-10-15 28,512 $62.32 112,233 No 4 M Indirect By a trust
Class A Common Stock Disposition 2024-10-15 18,696 $73.90 93,537 No 4 S Indirect By a trust
Class A Common Stock Disposition 2024-10-15 9,816 $74.55 83,721 No 4 S Indirect By a trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By a trust
No 4 S Indirect By a trust
No 4 S Indirect By a trust
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 2024-10-15 28,512 $0.00 28,512 $62.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
57,888 2024-12-15 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 120,320 Direct
Footnotes
  1. The shares held by the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 reported in the Form 4 filed for the Reporting Person on June 25, 2024 were incorrectly reported as 83,271. The correct amount was 83,721 at that time, and the shares held reported herein reflect the corrected amount.
  2. By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009
  3. The shares were sold in multiple transactions at prices ranging from $73.38 to $74.375, 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.
  4. The shares were sold in multiple transactions at prices ranging from $74.38 to $74.74, 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.
  5. Shares held following the reported transactions include 120,320 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
  6. This performance-based stock option award was granted for a total of 90,000 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 86,400 shares.