AI assistant
Dolby Laboratories, Inc. — Director's Dealing 2011
Apr 8, 2011
30828_dirs_2011-04-08_2ac05245-c25c-46af-897a-877093c97022.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2011-04-07
Reporting Person: YEAMAN KEVIN J (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-07 | Class A Common Stock | M | 14000 | $28.13 | Acquired | 24550 | Indirect |
| 2011-04-07 | Class A Common Stock | S | 13150 | $50.7745 | Disposed | 11400 | Indirect |
| 2011-04-07 | Class A Common Stock | S | 850 | $51.0553 | Disposed | 10550 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-04-07 | Employee Stock Option (Right to Buy) | $28.13 | M | 14000 | Disposed | 2016-11-14 | Class A Common Stock (14000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 67474 | Direct |
Footnotes
F1: Shares held following the reported transactions include 66,350 restricted stock units, which are subject to forfeiture until they vest.
F2: This transaction was executed in multiple trades at prices ranging from $50.00 to $51.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC 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: This transaction was executed in multiple trades at prices ranging from $51.0267 to $51.17. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC 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: This option was granted for a total of 60,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on each anniversary of November 14, 2006, the vesting commencement date.