SEC Form 4 · accession 0001209191-18-038418
Dolby Laboratories, Inc. · DLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Giles Baker
Officer — SVP, Consumer Entertainment
Period of report
Jun 14, 2018
Accepted (ET)
Jun 18, 2018 · 6:31 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 | Jun 14, 2018 | M | 2,084 | $33.15 | A | 32,678 | D | |
| Class A Common StockF1 | Jun 14, 2018 | S | 2,084 | $65.00 | D | 30,594 | D | |
| Class A Common StockF1 | Jun 14, 2018 | M | 2,916 | $37.35 | A | 33,510 | D | |
| Class A Common StockF1 | Jun 14, 2018 | S | 2,916 | $65.00 | D | 30,594 | 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 | $33.15 | Jun 14, 2018 | M | 2,084 | D | — | Dec 15, 2025 | Class A Common Stock | 2,084 | 20,833 | D |
| Employee Stock Option (right to buy)F3 | $37.35 | Jun 14, 2018 | M | 2,916 | D | — | Dec 16, 2023 | Class A Common Stock | 2,916 | 48,160 | D |
Explanation of responses
- F1Shares held following the reported transactions include 30,594 restricted stock units, which are subject to forfeiture until they vest.
- F2This option was granted for a total of 50,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2015, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.
- F3This option was granted for a total of 71,076 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 16, 2013, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter
Remarks
**All of the sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.**