Dolby Laboratories, Inc. — Director's Dealing 2016

Nov 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2016-11-21

Reporting Person: CHEW LEWIS (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-21	Class A Common Stock	M	15000	$30.49	Acquired	91604	Direct
2016-11-21	Class A Common Stock	S	15000	$46.85	Disposed	76604	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-21	Employee Stock Option (right to buy)	$30.49	M	15000	Disposed	2022-12-21	Class A Common Stock (15000)	Direct

Footnotes

F1: Shares held following the reported transactions include 43,473 restricted stock units, which are subject to forfeiture until they vest.

F2: This option was granted for a total of 98,700 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 21, 2012, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.