Dolby Laboratories, Inc. — Director's Dealing 2011

Feb 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2011-02-15

Reporting Person: GOTCHER PETER C (Director, Exec. Chairman of the Board)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-15	Stock Option (Right to Buy)	$51.49	A	12443	Acquired	2021-02-15	Class A Common Stock (12443)	Direct

Footnotes

F1: This option was granted for a total of 12,443 shares of Class A Common Stock. 1/2 of the total number of shares issuable under the option vests on February 15, 2011, the grant date, and the remaining 1/2 of the total number of shares vests on the first anniversary of the grant date.

F2: Not Applicable.