Todd Pendleton - 31 Aug 2021 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Role
SVP, Chief Marketing Officer
Signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Todd Pendleton
Issuer symbol
DLB
Transactions as of
31 Aug 2021
Net transactions value
-$146,378
Form type
4
Filing time
31 Aug 2021, 20:54:31 UTC
Previous filing
10 Aug 2021
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Options Exercise $48,450 +750 +2.6% $64.60 29,331 31 Aug 2021 Direct F1
transaction DLB Class A Common Stock Sale $73,965 -750 -2.6% $98.62 28,581 31 Aug 2021 Direct F1
transaction DLB Class A Common Stock Options Exercise $162,568 +2,604 +9.1% $62.43 31,185 31 Aug 2021 Direct F1
transaction DLB Class A Common Stock Sale $256,806 -2,604 -8.4% $98.62 28,581 31 Aug 2021 Direct F1
transaction DLB Class A Common Stock Options Exercise $60,260 +881 +3.1% $68.40 29,462 31 Aug 2021 Direct F1
transaction DLB Class A Common Stock Sale $86,884 -881 -3% $98.62 28,581 31 Aug 2021 Direct F1

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 -750 -5.9% $0.000000 12,000 31 Aug 2021 Class A Common Stock 750 $64.60 Direct F2
transaction DLB Employee Stock Option (right to buy) Options Exercise $0 -2,604 -8.3% $0.000000 28,646 31 Aug 2021 Class A Common Stock 2,604 $62.43 Direct F3
transaction DLB Employee Stock Option (right to buy) Options Exercise $0 -881 -3.4% $0.000000 24,661 31 Aug 2021 Class A Common Stock 881 $68.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held following the reported transactions include 28,581 restricted stock units, which are subject to forfeiture until they vest
F2 This option was granted for a total of 36,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 17, 2018, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.
F3 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.
F4 This option was granted for a total of 42,275 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 16, 2019, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.