Dolby Laboratories, Inc. — Director's Dealing 2015

Jan 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2015-01-26

Reporting Person: ROCKWELL MICHAEL J (EVP, Advanced Technology Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-26	Class A Common Stock	S	9254	$39.7342	Disposed	99697	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $39.24 to $40.12. 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.

F2: Shares held following the reported transactions include 85,423 restricted stock units, which are subject to forfeiture until they vest.