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Dolby Laboratories, Inc. — Director's Dealing 2018
Aug 27, 2018
30828_dirs_2018-08-27_fefd9c01-7230-40bb-9353-a5d0176b69d6.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: 2018-08-23
Reporting Person: SHERMAN MARK ANDREW (EVP, GEN. COUN. & SECRTY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-23 | Class A Common Stock | M | 10000 | $30.49 | Acquired | 58056 | Direct |
| 2018-08-23 | Class A Common Stock | S | 10000 | $70.00 | Disposed | 48056 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-23 | Employee Stock Option (right to buy) | $30.49 | M | 10000 | Disposed | 2022-12-21 | Class A Common Stock (10000) | Direct |
Footnotes
F1: Shares held following the reported transactions include 33,002 restricted stock units, which are subject to forfeiture until they vest
F2: Shares include 490 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2018.
F3: This option was granted for a total of 61,700 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 vested in equal monthly installments over the next 36 months thereafter.