Form 4 for DLB Dolby Laboratories, Inc.
Accepted 2022-01-12 00:00:00 ET · period of report 2022-01-11 · accession 0001209191-22-003133 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-01-12 | 2022-01-11 | DLB | YEAMAN KEVIN J | Pres, CEO, Dir | S - Sale+OE | $93.10 | -34.6K | 21.7K | -61% | -$3.22M |
| DI | 2022-01-12 | 2022-01-11 | DLB | YEAMAN KEVIN J | Pres, CEO, Dir | M - OptEx | $42.98 | +29.5K | 51.2K | +135% | +$1.27M |
| DI | 2022-01-12 | 2022-01-11 | DLB | YEAMAN KEVIN J | Pres, CEO, Dir | M - OptEx | $0.00 | -29.5K | 188.5K | -14% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-01-11 | S | D | 29,453 | $93.10 | 21,741 | I By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $92.65 to $93.53, inclusive. 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. |
| 2 | Common | Class A Common Stock | 2022-01-11 | M | A | 29,453 | $42.98 | 51,194 | I By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | — | — | |
| 3 | Common | Class A Common Stock | 2022-01-11 | S | D | 5,168 | $93.11 | 21,741 | I By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $92.65 to $93.53, inclusive. 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. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2022-01-11 | M | D | 29,453 | $0.00 | 188,504 | I By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | $42.98 · — to 2024-12-15 | 29,453 Class A Common Stock | (F4) This option was granted for a total of 291,598 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, 2014, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter. |