| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DLB | Class A Common Stock | Sale | -$481 K | -5.17 K | -19.21% | $93.11 | 21.7 K | Jan 11, 2022 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F1 |
| transaction | DLB | Class A Common Stock | Options Exercise | $1.27 M | +29.5 K | +135.47% | $42.98 | 51.2 K | Jan 11, 2022 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | |
| transaction | DLB | Class A Common Stock | Sale | -$2.74 M | -29.5 K | -57.53% | $93.10 | 21.7 K | Jan 11, 2022 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F2 |
| holding | DLB | Class A Common Stock | 108 K | Jan 11, 2022 | Direct | F3 |
| 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 | -29.5 K | -13.51% | $0.00 | 189 K | Jan 11, 2022 | Class A Common Stock | 29.5 K | $42.98 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F4 |
| Id | Content |
|---|---|
| F1 | This transaction was executed in multiple trades at prices ranging from $92.65 to $93.53, 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. |
| F2 | This transaction was executed in multiple trades at prices ranging from $92.65 to $93.53, 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. |
| F3 | 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. |
| F4 | This option was granted for a total of 291,598 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 15, 2014, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter. |
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.