Dolby Laboratories, Inc. — Director's Dealing 2019

Feb 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2019-02-15

Reporting Person: YEAMAN KEVIN J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-15	Class A Common Stock	M	25000	$30.49	Acquired	57895	Indirect
2019-02-15	Class A Common Stock	S	25000	$65.00	Disposed	32895	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-15	Employee Stock Option (right to buy)	$30.49	M	25000	Disposed	2022-12-21	Class A Common Stock (25000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	109664	Direct

Footnotes

F1: Shares held following the reported transactions include 109,664 restricted stock units, which are subject to forfeiture until they vest.

F2: This option was granted for a total of 234,400 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.