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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