SEC Form 4 · accession 0001209191-15-036821

Dolby Laboratories, Inc. · DLB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Advanced Technology Group

Period of report

Apr 24, 2015

Accepted (ET)

Apr 28, 2015 · 9:32 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001308547

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Class A Common Stock^F1	Apr 24, 2015	M	23,300	$17.24	A	72,737	D
Class A Common Stock^F2,F1	Apr 24, 2015	S	23,300	$40.7207	D	49,437	D
Class A Common Stock^F1	Apr 27, 2015	M	9,700	$17.24	A	59,137	D
Class A Common Stock^F1	Apr 27, 2015	S	9,700	$41.00	D	49,437	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F3	$17.24	Apr 24, 2015	M	23,300	D	—	Jun 16, 2015	Class A Common Stock	23,300	21,248	D
Employee Stock Option (right to buy)^F3	$17.24	Apr 27, 2015	M	9,700	D	—	Jun 16, 2015	Class A Common Stock	9,700	11,548	D

F1Shares held following the reported transactions include 22,943 restricted stock units, which are subject to forfeiture until they vest.
F2This transaction was executed in multiple trades at prices ranging from $40.41 to $41.125. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
F3This option was granted for a total of 44,548 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on each anniversary of June 16, 2005, the vesting commencement date.

The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan.