| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DLB | Class A Common Stock | Options Exercise | $776 K | +18.1 K | +34.81% | $42.98 | 69.9 K | Jul 11, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | |
| transaction | DLB | Class A Common Stock | Sale | -$1.59 M | -18.1 K | -25.82% | $87.83 | 51.9 K | Jul 11, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F1 |
| transaction | DLB | Class A Common Stock | Options Exercise | $1.16 M | +27.1 K | +52.22% | $42.98 | 79 K | Jul 13, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | |
| transaction | DLB | Class A Common Stock | Sale | -$2.44 M | -27.1 K | -34.3% | $90.00 | 51.9 K | Jul 13, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | |
| holding | DLB | Class A Common Stock | 120 K | Jul 11, 2023 | Direct | F2 |
| 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 | -18.1 K | -13.31% | $0.00 | 118 K | Jul 11, 2023 | Class A Common Stock | 18.1 K | $42.98 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F3 |
| transaction | DLB | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -27.1 K | -23.03% | $0.00 | 90.5 K | Jul 13, 2023 | Class A Common Stock | 27.1 K | $42.98 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F3 |
| Id | Content |
|---|---|
| F1 | The shares were sold in multiple transactions at prices ranging from $87.48 to $88.26. The price reported above reflects the weighted average sale 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 | Shares held following the reported transactions include 119,557 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
| F3 | This option was granted for a total of 291,598 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date. |
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2022 which was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) in effect at the time of adoption.