SEC Form 4 · accession 0001209191-17-032809
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bob Borchers
Officer — SVP & Chief Marketing Officer
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 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,F2 | May 12, 2017 | S | 11,666 | $51.3758 | D | 51,130 | D | |
| Class A Common StockF2 | May 12, 2017 | G | 1,555 | $0.00 | D | 49,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $51.33 to $51.60. 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.
- F2Shares held following the reported transactions include 40,748 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- F3Gift to a charitable and/or non-profit organization.