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Dolby Laboratories, Inc. Director's Dealing 2018

Jun 19, 2018

30828_dirs_2018-06-18_685c44e4-2b43-40cd-a3f7-1c503ac587a2.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: 2018-06-14

Reporting Person: Baker Giles (SVP, Consumer Entertainment)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-06-14 Class A Common Stock M 2084 $33.15 Acquired 32678 Direct
2018-06-14 Class A Common Stock S 2084 $65.00 Disposed 30594 Direct
2018-06-14 Class A Common Stock M 2916 $37.35 Acquired 33510 Direct
2018-06-14 Class A Common Stock S 2916 $65.00 Disposed 30594 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-06-14 Employee Stock Option (right to buy) $33.15 M 2084 Disposed 2025-12-15 Class A Common Stock (2084) Direct
2018-06-14 Employee Stock Option (right to buy) $37.35 M 2916 Disposed 2023-12-16 Class A Common Stock (2916) Direct

Footnotes

F1: Shares held following the reported transactions include 30,594 restricted stock units, which are subject to forfeiture until they vest.

F2: This option was granted for a total of 50,000 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 15, 2015, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

F3: This option was granted for a total of 71,076 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 vested in equal monthly installments over the next 36 months thereafter