Form 4 for DLB Dolby Laboratories, Inc.

Accepted 2021-10-18 00:00:00 ET · period of report 2021-10-15 · accession 0001209191-21-060773 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-10-18	2021-10-15	DLB	Park Robert J	SVP, CFO	A - Grant	$0.00	+33.5K	33.5K	New	$0
D	2021-10-18	2021-10-15	DLB	Park Robert J	SVP, CFO	A - Grant	$0.00	+49.9K	49.9K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2021-10-15	A	A	33,523	$0.00	33,523	D	—	—	(F1) Award represents a total of 33,523 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of October 15, 2021. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. (F2) Shares held following the reported transactions include 33,523 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
2	Derivative	Employee Stock Option (right to buy)	2021-10-15	A	A	49,886	$0.00	49,886	D	$91.73 · — to 2031-10-15	49,886 Class A Common Stock	(F3) This option was granted for a total of 49,886 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vest on the first anniversary of October 15, 2021, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.