Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DLB | Class A Common Stock | Award | $0 | +6.25K | +32.28% | $0.00 | 25.6K | Dec 15, 2023 | Direct | F1, F2, F3 |
transaction | DLB | Class A Common Stock | Tax liability | -$120K | -1.35K | -5.27% | $88.60 | 24.3K | Dec 15, 2023 | Direct | F4, F5 |
transaction | DLB | Class A Common Stock | Tax liability | -$17.1K | -195 | -0.8% | $87.49 | 24.1K | Dec 16, 2023 | Direct | F4, F6 |
Id | Content |
---|---|
F1 | Award represents a total of 6,253 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of December 15, 2023. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F2 | Shares held following the reported transactions include 19,030 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
F3 | Shares include 293 shares and 64 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2023 and November 15, 2023, respectively. |
F4 | In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units. |
F5 | Shares held following the reported transactions include 15,133 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |
F6 | Shares held following the reported transactions include 14,570 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest. |