Dolby Laboratories, Inc. — Director's Dealing 2017

Nov 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2017-11-03

Reporting Person: Forshay Steven E (SVP, Advanced Technology Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-03	Class A Common Stock	M	30069	$28.24	Acquired	91399.826	Direct
2017-11-03	Class A Common Stock	S	30069	$59.00	Disposed	61330.826	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-03	Employee Stock Option (right to buy)	$28.24	M	30069	Disposed	2021-12-15	Class A Common Stock (30069)	Direct

Footnotes

F1: Shares held following the reported transactions include 25,719 restricted stock units, which are subject to forfeiture until they vest.

F2: This option was granted for a total of 30,069 shares of Class A Common Stock and became fully vested on December 15, 2015.