SEC Form 4 · accession 0001209191-19-007859
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
Feb 5, 2019
Accepted (ET)
Feb 6, 2019 · 6:14 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,F2 | Feb 5, 2019 | A | 3,996 | $0.00 | A | 3,996 | D | |
| Class A Common Stock | Feb 5, 2019 | S | 3,920 | $65.00 | D | 7,000 | I | By N. William Jasper, Jr. as Trustee of the N. William Jasper, Jr. 2004 Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award represents a total of 3,996 restricted stock units granted under the terms of the Issuer's 2005 Stock Plan. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2020 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.
- F2Shares held following the reported transaction include 3,996 restricted stock units, which are subject to forfeiture until they vest.
Remarks
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan.