Todd Pendleton - 03 Aug 2021 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2021, 18:18:09 UTC
Prior SEC filing
16 Jul 2021
Next SEC filing
10 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Todd Pendleton

Key filing fact

Todd Pendleton filed Form 4 for Dolby Laboratories, Inc. (DLB) on 05 Aug 2021.

Key facts

  • This page summarizes Todd Pendleton's Form 4 filing for Dolby Laboratories, Inc. (DLB).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Aug 2021, 18:18.

Change

  • Previous filing in this sequence was filed on 16 Jul 2021.
  • Current net transaction value: -$551,778.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DLB transaction

Class A Common Stock

Sale

Transaction value
$274,878
Shares
-2,746
Change %
-8.8%
Price
$100.10
Shares after
28,581
Date
03 Aug 2021
Ownership
Direct
Footnotes
F1, F2
DLB transaction

Class A Common Stock

Options Exercise

Transaction value
$459,984
Shares
+7,368
Change %
+26%
Price
$62.43
Shares after
35,949
Date
03 Aug 2021
Ownership
Direct
Footnotes
F2
DLB transaction

Class A Common Stock

Sale

Transaction value
$736,884
Shares
-7,368
Change %
-20%
Price
$100.01
Shares after
28,581
Date
03 Aug 2021
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DLB transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-7,368
Change %
-17%
Price
$0.000000
Shares after
36,903
Date
03 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
7,368
Exercise price
$62.43
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The shares were sold in multiple transactions at prices ranging from $100.115 to $100.22, 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.

Footnote F2

Shares held following the reported transactions include 28,581 restricted stock units, which are subject to forfeiture until they vest

Footnote F3

The shares were sold in multiple transactions at prices ranging from $100.00 to $100.155, 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.

Footnote F4

This option was granted for a total of 125,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of July 16, 2018, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

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