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Dolby Laboratories, Inc. — Director's Dealing 2017
May 16, 2017
30828_dirs_2017-05-16_11935e60-c572-4449-a6b9-67b02c7639d4.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: 2017-05-12
Reporting Person: Borchers Bob (SVP & Chief Marketing Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-12 | Class A Common Stock | S | 11666 | $51.3758 | Disposed | 51130 | Direct |
| 2017-05-12 | Class A Common Stock | G | 1555 | $0.00 | Disposed | 49575 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $51.33 to $51.60. 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 40,748 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
F3: Gift to a charitable and/or non-profit organization.