| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DLB | Class A Common Stock | Options Exercise | $1.08M | +17.3K | +29.87% | $62.32 | 75.1K | Aug 16, 2021 | Direct | F1 |
| transaction | DLB | Class A Common Stock | Sale | -$1.75M | -17.3K | -23% | $101.05 | 57.8K | Aug 16, 2021 | Direct | F1, F2 |
| transaction | DLB | Class A Common Stock | Options Exercise | $72.7K | +1.13K | +1.94% | $64.60 | 59K | Aug 16, 2021 | Direct | F1 |
| transaction | DLB | Class A Common Stock | Sale | -$115K | -1.13K | -1.91% | $101.89 | 57.8K | Aug 16, 2021 | Direct | F1, F3 |
| transaction | DLB | Class A Common Stock | Options Exercise | $421K | +6.75K | +11.67% | $62.32 | 64.6K | Aug 16, 2021 | Direct | F1 |
| transaction | DLB | Class A Common Stock | Sale | -$688K | -6.75K | -10.45% | $101.85 | 57.8K | Aug 16, 2021 | Direct | F1, F4 |
| 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 | -17.3K | -100% | $0.00* | 0 | Aug 16, 2021 | Class A Common Stock | 17.3K | $62.32 | Direct | F5 |
| transaction | DLB | Employee Stock Option (right to buy) | Options Exercise | $0 | -1.13K | -100% | $0.00* | 0 | Aug 16, 2021 | Class A Common Stock | 1.13K | $64.60 | Direct | F6 |
| transaction | DLB | Employee Stock Option (right to buy) | Options Exercise | $0 | -6.75K | -69.23% | $0.00 | 3K | Aug 16, 2021 | Class A Common Stock | 6.75K | $62.32 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | Shares held following the reported transactions include 2,250 restricted stock units, which are subject to forfeiture until they vest. |
| F2 | The shares were sold in multiple transactions at prices ranging from $101.011 to $101.22, 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. |
| F3 | The shares were sold in multiple transactions at prices ranging from $101.89 to $101.90, 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. |
| F4 | This transaction was executed in multiple trades at prices ranging from $101.83 to $101.89. The price reported above reflects the weighted average 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. |
| F5 | This performance-based stock option award was granted for a total of 18,000 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 16, 2020 was at 96% of target, or 17,280 shares |
| F6 | This option was granted for a total of 27,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 17, 2018, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter. |
| F7 | This option was granted for a total of 36,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2017, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter. |