Todd Pendleton - 31 Aug 2023 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Sep 2023, 16:56:11 UTC
Prior SEC filing
24 Feb 2023
Next SEC filing
19 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Todd Pendleton

Key filing fact

Todd Pendleton filed Form 4 for Dolby Laboratories, Inc. (DLB) on 05 Sep 2023.

Key facts

  • This page summarizes Todd Pendleton's Form 4 filing for Dolby Laboratories, Inc. (DLB).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Sep 2023, 16:56.

Change

  • Previous filing in this sequence was filed on 24 Feb 2023.
  • Current net transaction value: -$220,001.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DLB transaction

Class A Common Stock

Options Exercise

Transaction value
$361,494
Shares
+5,285
Change %
+14%
Price
$68.40
Shares after
43,865
Date
31 Aug 2023
Ownership
Direct
Footnotes
F1
DLB transaction

Class A Common Stock

Sale

Transaction value
$581,495
Shares
-6,889
Change %
-16%
Price
$84.41
Shares after
36,976
Date
31 Aug 2023
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DLB transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-5,285
Change %
-60%
Price
$0.000000
Shares after
3,523
Date
31 Aug 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,285
Exercise price
$68.40
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares held following the reported transactions include 34,670 restricted stock units, which are subject to forfeiture until they vest

Footnote F2

The shares were sold in multiple transactions at prices ranging from $84.39 to $84.415. 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.

Footnote F3

This option was granted for a total of 42,275 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on the first anniversary of December 16, 2019, the vesting commencement date, and the balance of the shares in equal monthly installments over the next 36 months thereafter.

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