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Dolby Laboratories, Inc. Director's Dealing 2010

Aug 26, 2010

30828_dirs_2010-08-26_57752ac2-5d0c-41a3-bc17-34beeb2e9ca4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2010-08-25

Reporting Person: YEAMAN KEVIN J (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-25	Employee Stock Option (Right to Buy)	$16.58	G	25000	Disposed	2015-10-24	Class A Common Stock (25000)	Direct
2010-08-25	Employee Stock Option (Right to Buy)	$16.58	G	25000	Acquired	2015-10-24	Class A Common Stock (25000)	Indirect

Footnotes

F1: Effective August 25, 2010, the Reporting Person transferred these options as a gift to a trust.

F2: This option was granted for a total of 150,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on each anniversary of January 1, 2006, the vesting commencement date.