Peter Gotcher - Nov 21, 2024 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Role: Director
Signature: /s/ Daniel Rodriguez as Attorney-in-Fact for Peter Gotcher
Stock symbol: DLB
Transactions as of: Nov 21, 2024
Transactions value $: -$480,026
Form type: 4
Date filed: 11/22/2024, 06:00 PM
Previous filing: Jun 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLB	Class A Common Stock	Sale	-$480K	-6.08K	-13.92%	$78.96	37.6K	Nov 21, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares were sold in multiple transactions at prices ranging from $78.85 to $78.98, 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.
F2	Shares held following the reported transaction include 2,952 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

Content

The shares were sold in multiple transactions at prices ranging from $78.85 to $78.98, 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.

Shares held following the reported transaction include 2,952 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.