Mark Andrew Sherman - 20 Dec 2022 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Andy Sherman
Issuer symbol
DLB
Transactions as of
20 Dec 2022
Net transactions value
-$111,531
Form type
4
Filing time
22 Dec 2022, 15:12:46 UTC
Previous filing
19 Dec 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Sale $111,531 -1,638 -2.7% $68.09 58,787 20 Dec 2022 Direct F1
* 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 39,803 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

Remarks:

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.