SEC Form 4 · accession 0001209191-16-095817
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Dolby
Director
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 6:24 pm EST
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 2, 2016 | A | 7,575 | $0.00 | A | 53,690 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award represents a total of 7,575 restricted stock units granted under the terms of the Issuer's 2005 Stock Plan. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2017 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.
- F2Shares held following the reported transactions include 7,575 restricted stock units, which are subject to forfeiture until they vest.