SEC Form 4 · accession 0001209191-18-015155
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Gotcher
Director
Period of report
Feb 28, 2018
Accepted (ET)
Mar 1, 2018 · 5:42 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 | Feb 28, 2018 | M | 18,544 | $47.69 | A | 64,447 | D | |
| Class A Common StockF2,F1 | Feb 28, 2018 | S | 18,544 | $64.5314 | D | 45,903 | 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)F3 | $47.69 | Feb 28, 2018 | M | 18,544 | D | — | Feb 16, 2020 | Class A Common Stock | 18,544 | 0 | D |
Explanation of responses
- F1Shares held following the reported transactions include 3,920 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 $64.50 to $64.74. 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 option was granted for a total of 18,544 shares of Class A Common Stock and became fully vested on February 16, 2011.