Todd Pendleton - 18 Jul 2022 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Signature
/s/ Dan Rodriguez, Attorney-in-Fact for Todd Pendleton
Issuer symbol
DLB
Transactions as of
18 Jul 2022
Net transactions value
-$110,585
Form type
4
Filing time
19 Jul 2022, 21:35:27 UTC
Previous filing
20 May 2022
Next filing
19 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Tax liability $110,585 -1,513 -4% $73.09 36,275 18 Jul 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 incident to the vesting of restricted stock units.
F2 Shares held following the reported transactions include 29,503 restricted stock units, which are subject to forfeiture until they vest.