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Dolby Laboratories, Inc. — Director's Dealing 2015
Feb 5, 2015
30828_dirs_2015-02-04_c1ed67c0-f132-4afc-9a79-08c1230a859d.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: 2015-02-03
Reporting Person: TEVANIAN AVADIS (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-03 | Class A Common Stock | A | 7759 | $0.00 | Acquired | 7759 | Direct |
| 2015-02-04 | Class A Common Stock | S | 3706 | $38.7135 | Disposed | 30628 | Indirect |
Footnotes
F1: Award represents a total of 7,759 restricted stock units granted under the terms of the Issuer's 2005 Stock Plan. 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 7,759 restricted stock units, which are subject to forfeiture until they vest.
F3: This transaction was executed in multiple trades at prices ranging from $38.34 to $38.99. 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.