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Role
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EVP, Gen. Counsel & Secretary
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Signature
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/s/ Daniel Rodriguez as Attorney-in-Fact for Mark Andrew Sherman
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Stock symbol
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DLB
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Transactions as of
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May 28, 2024
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Transactions value $
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-$57,257
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Form type
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4
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Date filed
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5/30/2024, 04:30 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
DLB |
Class A Common Stock |
+Options Exercise |
$124,515 |
+1,998 |
+3.41% |
$62.32 |
60,608 |
May 28, 2024 |
Direct |
F1, F2 |
transaction |
DLB |
Class A Common Stock |
-Sell |
-$181,772 |
-2,283 |
-3.77% |
$79.62 |
58,325 |
May 28, 2024 |
Direct |
F2 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
Price $ |
Shares After |
Date |
Underlying Class |
Amount |
Exercise Price |
Ownership |
Footnotes |
transaction |
DLB |
Employee Stock Option (Right to Buy) |
-Options Exercise |
$0 |
-1,998 |
-100% |
$0.00 |
0 |
May 28, 2024 |
Class A Common Stock |
1,998 |
$62.32 |
Direct |
F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: