Tony Prophet - Feb 8, 2022 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Role
Director
Signature
/s/ Daniel Rodriguez, as Attorney-in-Fact for Tony Prophet
Stock symbol
DLB
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 07:34 PM
Previous filing
Dec 8, 2021
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Award $0 +2.78K +1179.24% $0.00 3.02K Feb 8, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award represents a total of 2,783 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2023 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.
F2 Shares held following the reported transactions include 2,783 restricted stock units, which are subject to forfeiture until they vest.