Form 4 for DLB Dolby Laboratories, Inc.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-16 · accession 0001209191-22-029619 · 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 | 2022-05-17 | 2022-05-16 | DLB | Revankar Shriram | SVP, Advanced Technology Group | A - Grant | $0.00 | +48.9K | 48.9K | New | $0 |
| D | 2022-05-17 | 2022-05-16 | DLB | Revankar Shriram | SVP, Advanced Technology Group | A - Grant | $0.00 | +69.4K | 69.4K | New | $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 | 2022-05-16 | A | A | 48,936 | $0.00 | 48,936 | D | — | — | (F1) Award represents a total of 48,936 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 May 16, 2022. 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 48,936 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) | 2022-05-16 | A | A | 69,412 | $0.00 | 69,412 | D | $75.01 · — to 2032-05-16 | 69,412 Class A Common Stock | (F3) This option was granted for a total of 69,412 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vest on the first anniversary of May 16, 2022, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter. |