SEC Form 4 · accession 0001209191-17-059526
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Forshay
Officer — SVP, Advanced Technology Group
Period of report
Nov 3, 2017
Accepted (ET)
Nov 6, 2017 · 8:55 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 | Nov 3, 2017 | M | 30,069 | $28.24 | A | 91,400 | D | |
| Class A Common StockF1 | Nov 3, 2017 | S | 30,069 | $59.00 | D | 61,331 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $28.24 | Nov 3, 2017 | M | 30,069 | D | — | Dec 15, 2021 | Class A Common Stock | 30,069 | 0 | D |
Explanation of responses
- F1Shares held following the reported transactions include 25,719 restricted stock units, which are subject to forfeiture until they vest.
- F2This option was granted for a total of 30,069 shares of Class A Common Stock and became fully vested on December 15, 2015.
Remarks
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan.