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Dolby Laboratories, Inc. — Director's Dealing 2023
May 19, 2023
30828_dirs_2023-05-18_de6ef7ec-5677-421f-aba7-82874e83d474.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: 2023-05-16
Reporting Person: Revankar Shriram (SVP, Advanced Technology Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-16 | Class A Common Stock | F | 4285 | $84.32 | Disposed | 55648 | Direct |
Footnotes
F1: In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.
F2: Shares held following the reported transaction include 47,259 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
F3: Shares include 440 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2023.