Lewis Chew - 17 Aug 2021 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
18 Aug 2021, 18:21:36 UTC
Prior SEC filing
09 Aug 2021
Next SEC filing
24 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Lewis Chew

Key filing fact

Lewis Chew filed Form 4 for Dolby Laboratories, Inc. (DLB) on 18 Aug 2021.

Key facts

  • This page summarizes Lewis Chew's Form 4 filing for Dolby Laboratories, Inc. (DLB).
  • 6 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 18 Aug 2021, 18:21.

Change

  • Previous filing in this sequence was filed on 09 Aug 2021.
  • Current net transaction value: -$2,003,029.

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
$994,500
Shares
+30,000
Change %
+28%
Price
$33.15
Shares after
135,598
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1
DLB transaction

Class A Common Stock

Sale

Transaction value
$284,691
Shares
-2,800
Change %
-2.1%
Price
$101.68
Shares after
132,798
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1, F2
DLB transaction

Class A Common Stock

Sale

Transaction value
$494,038
Shares
-4,900
Change %
-3.7%
Price
$100.82
Shares after
127,898
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1, F3
DLB transaction

Class A Common Stock

Sale

Transaction value
$1,481,770
Shares
-14,870
Change %
-12%
Price
$99.65
Shares after
113,028
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1, F4
DLB transaction

Class A Common Stock

Sale

Transaction value
$737,030
Shares
-7,430
Change %
-6.6%
Price
$99.20
Shares after
105,598
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1, F5

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
-30,000
Change %
-74%
Price
$0.000000
Shares after
10,625
Date
17 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
30,000
Exercise price
$33.15
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Shares held following the reported transactions include 34,172 restricted stock units, which are subject to forfeiture until they vest.

Footnote F2

The shares were sold in multiple transactions at prices ranging from $101.37 to $102.35, inclusive. 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

The shares were sold in multiple transactions at prices ranging from $100.36 to $101.29, inclusive. 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 F4

The shares were sold in multiple transactions at prices ranging from $99.31 to $100.29, inclusive. 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 F5

This transaction was executed in multiple trades at prices ranging from $99.15 to $99.29. The price reported above reflects the weighted average 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 F6

This performance-based stock option award was granted for a total of 32,500 shares of Class A Common Stock at target. The number of shares actually earned and vested upon the achievement of total shareholder return performance criteria measured during a three-year performance period ended on December 15, 2018 was at 125% of target, or 40,625 shares.

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