Dolby Laboratories, Inc. — Director's Dealing 2021

Jan 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dolby Laboratories, Inc. (DLB)
CIK: 0001308547
Period of Report: 2021-01-14

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-14	Employee Stock Option (Right to Buy)	$92.08	G	91597	Disposed	2030-12-15	Class A Common Stock (91597)	Direct
2021-01-14	Employee Stock Option (Right to Buy)	$92.08	G	91597	Acquired	2030-12-15	Class A Common Stock (91597)	Indirect

Footnotes

F1: Effective January 14, 2021 the Reporting Person transferred this option to a revocable trust for no consideration, for estate planning purposes.

F2: This option was granted for a total of 91,597 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on the first anniversary of December 15, 2020, the vesting commencement date, and the balance of the shares in equal monthly installments over the next 36 months thereafter.