Form 4 for DLB Dolby Laboratories, Inc.
Accepted 2023-02-08 00:00:00 ET · period of report 2023-02-06 · accession 0001209191-23-007893 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-08 | 2023-02-06 | DLB | Nicholson Ryan | VP, Corp. Ctrl | M - OptEx | $39.92 | +6,625 | 22.4K | +42% | +$264.5K |
| DM | 2023-02-08 | 2023-02-06 | DLB | Nicholson Ryan | VP, Corp. Ctrl | S - Sale+OE | $84.56 | -6,979 | 19.4K | -26% | -$590.1K |
| DM | 2023-02-08 | 2023-02-06 | DLB | Nicholson Ryan | VP, Corp. Ctrl | M - OptEx | $0.00 | -6,625 | 0 | -100% | $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 | 2023-02-06 | M | A | 3,600 | $37.35 | 25,992 | D | — | — | (F1) Shares held following the reported transactions include 12,777 restricted stock units, which are subject to forfeiture until they vest. |
| 2 | Common | Class A Common Stock | 2023-02-06 | M | A | 3,025 | $42.98 | 22,392 | D | — | — | (F1) Shares held following the reported transactions include 12,777 restricted stock units, which are subject to forfeiture until they vest. |
| 3 | Common | Class A Common Stock | 2023-02-06 | S | D | 354 | $84.56 | 19,013 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $84.55 to $84.57. 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. (F1) Shares held following the reported transactions include 12,777 restricted stock units, which are subject to forfeiture until they vest. |
| 4 | Common | Class A Common Stock | 2023-02-06 | S | D | 6,625 | $84.56 | 19,367 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $84.50 to $84.76. 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. (F1) Shares held following the reported transactions include 12,777 restricted stock units, which are subject to forfeiture until they vest. |
| 5 | Derivative | Employee Stock Option (right to buy) | 2023-02-06 | M | D | 3,600 | $0.00 | 0 | D | $37.35 · — to 2023-12-16 | 3,600 Class A Common Stock | (F5) This option was originally granted for a total of 3,600 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2023-02-06 | M | D | 3,025 | $0.00 | 0 | D | $42.98 · — to 2024-12-15 | 3,025 Class A Common Stock | (F4) This option was originally granted for a total of 3,025 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date. |