Dolby Laboratories, Inc. — Director's Dealing 2016

Aug 19, 2016

SEC Form 4/A — Form 4/A

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2016-08-16

Reporting Person: BERGERON MICHAEL (SVP, WW Sales and Field Oper.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-16	Class A Common Stock	M	1850	$40.37	Acquired	36790	Direct
2016-08-16	Class A Common Stock	S	1850	$49.0996	Disposed	34940	Direct
2016-08-16	Class A Common Stock	M	29101	$37.35	Acquired	64041	Direct
2016-08-16	Class A Common Stock	S	29101	$49.0996	Disposed	34940	Direct
2016-08-16	Class A Common Stock	S	19049	$49.0987	Disposed	12556	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-16	Employee Stock Option (right to buy)	$40.37	M	1850	Disposed	2022-05-15	Class A Common Stock (1850)	Direct
2016-08-16	Employee Stock Option (right to buy)	$37.35	M	29101	Disposed	2023-12-16	Class A Common Stock (29101)	Direct

Footnotes

F1: Shares held following the reported transactions include 34,940 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.

F2: The amount of securities beneficially owned following the reported transaction should have been reported as 36,790, instead of 36,970 as originally reported, due to an administrative error.

F3: This transaction was executed in multiple trades at prices ranging from $49 to $49.235. 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.

F4: This option was granted for a total of 100,483 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of May 15, 2012, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

F5: This option was granted for a total of 103,652 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 16, 2013, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.