Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Class A Common Stock | Options Exercise | $388 K | +9.03 K | +17.41% | $42.98 | 60.9 K | Oct 17, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | |
transaction | DLB | Class A Common Stock | Sale | -$137 K | -1.68 K | -2.75% | $81.53 | 59.2 K | Oct 17, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F1 |
transaction | DLB | Class A Common Stock | Sale | -$582 K | -7.05 K | -11.91% | $82.49 | 52.2 K | Oct 17, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F2 |
transaction | DLB | Class A Common Stock | Sale | -$24.9 K | -300 | -0.57% | $82.89 | 51.9 K | Oct 17, 2023 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F3 |
holding | DLB | Class A Common Stock | 120 K | Oct 17, 2023 | Direct | F4 |
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 | -9.03 K | -12.46% | $0.00 | 63.5 K | Oct 17, 2023 | Class A Common Stock | 9.03 K | $42.98 | By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | F5 |
Id | Content |
---|---|
F1 | The shares were sold in multiple transactions at prices ranging from $80.805 to $81.79. 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 | The shares were sold in multiple transactions at prices ranging from $81.88 to $82.85. 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. |
F3 | The shares were sold in multiple transactions at prices ranging from $82.88 to $82.90. 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. |
F4 | 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. |
F5 | 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.