SEC Form 4 · accession 0001209191-16-135010
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Gotcher
Director
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 5:22 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 1, 2016 | M | 13,921 | $29.37 | A | 79,877 | D | |
| Class A Common StockF2,F1 | Aug 1, 2016 | S | 13,921 | $49.8871 | D | 65,956 | D | |
| Class A Common StockF3,F1 | Aug 1, 2016 | S | 14,663 | $49.878 | D | 51,293 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $29.37 | Aug 1, 2016 | M | 13,921 | D | — | Feb 6, 2017 | Class A Common Stock | 13,921 | 0 | D |
Explanation of responses
- F1Shares held following the reported transactions include 7,575 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- F2This transaction was executed in multiple trades at prices ranging from $49.63 to $50.36. 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 transaction was executed in multiple trades at prices ranging from $49.635 to $50.3. 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.
- F4This option was granted for a total of 13,921 shares of Class A Common Stock and became fully vested on February 6, 2010.