Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Class A Common Stock | Award | $0 | +7.33K | +30.08% | $0.00 | 31.7K | Dec 16, 2024 | Direct | F1, F2 |
transaction | DLB | Class A Common Stock | Tax liability | -$153K | -1.93K | -6.1% | $79.18 | 29.8K | Dec 16, 2024 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Award represents a total of 7,328 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of December 16, 2024. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F2 | Shares held following the reported transactions include 21,898 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
F3 | In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units. |
F4 | Shares held following the reported transactions include 16,438 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |