SEC Form 4 · accession 0001209191-18-006343
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
N William Jasper Jr.
Director
Period of report
Jan 29, 2018
Accepted (ET)
Jan 31, 2018 · 8:19 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 | Jan 29, 2018 | M | 20,000 | $43.24 | A | 25,233 | D | |
| Class A Common StockF2,F1 | Jan 29, 2018 | S | 20,000 | $66.7245 | D | 5,233 | D | |
| Class A Common StockF1 | Jan 30, 2018 | M | 20,000 | $43.24 | A | 25,233 | D | |
| Class A Common StockF3,F1 | Jan 30, 2018 | S | 20,000 | $64.8009 | D | 5,233 | D | |
| Class A Common StockF1 | Jan 31, 2018 | M | 3,527 | $43.24 | A | 8,760 | D | |
| Class A Common StockF1 | Jan 31, 2018 | S | 3,527 | $65.07 | D | 5,233 | D | |
| Class A Common Stock | holding | — | — | — | 7,000 | I | By N. William Jasper, Jr. as Trustee of the N. William Jasper, Jr. 2004 Trust |
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)F4 | $43.24 | Jan 29, 2018 | M | 20,000 | D | — | Feb 5, 2018 | Class A Common Stock | 20,000 | 23,527 | D |
| Employee Stock Option (right to buy)F4 | $43.24 | Jan 30, 2018 | M | 20,000 | D | — | Feb 5, 2018 | Class A Common Stock | 20,000 | 3,527 | D |
| Employee Stock Option (right to buy)F4 | $43.24 | Jan 31, 2018 | M | 3,527 | D | — | Feb 5, 2018 | Class A Common Stock | 3,527 | 0 | D |
Explanation of responses
- F1Shares held following the reported transactions include 5,233 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 $66.0901 to $67.04. 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 $64.4001 to $65.25. 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 83,527 shares of Class A Common Stock and became fully vested on February 5, 2012.
Remarks
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan.