Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Class A Common Stock | Tax liability | -$468K | -5.08K | -4.51% | $92.00 | 108K | Dec 17, 2021 | Direct | F1, F2 |
transaction | DLB | Class A Common Stock | Sale | -$176K | -1.94K | -6.02% | $90.74 | 30.3K | Dec 17, 2021 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F3 |
transaction | DLB | Class A Common Stock | Sale | -$313K | -3.42K | -11.26% | $91.69 | 26.9K | Dec 17, 2021 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F4 |
Id | Content |
---|---|
F1 | In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units. |
F2 | Shares held following the reported transactions include 107,579 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
F3 | This transaction was executed in multiple trades at prices ranging from $90.17 to $91.05, inclusive. 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. |
F4 | This transaction was executed in multiple trades at prices ranging from $91.48 to $91.88, inclusive. 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. |
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.