X0306 4/A 2014-12-15 2014-12-17 0 0001308547 Dolby Laboratories, Inc. DLB 0001256708 SHERMAN MARK ANDREW C/O DOLBY LABORATORIES, INC. 1275 MARKET STREET SAN FRANCISCO CA 94103 0 1 0 0 EVP, GEN. COUN. & SECRTY Employee Stock Option (Right to Buy) 42.98 2014-12-15 4 A 0 75212 0.00 A 2024-12-15 Class A Common Stock 75212 75212 D Due to an administrative error, the exercise price reported on the Form 4 previously filed on December 17, 2014 was $44.14, instead of $42.98. This option was granted for a total of 75,212 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vests on the first anniversary of December 15, 2014, the vesting commencement date, and the balance of the shares in equal monthly installments over the next 36 months thereafter. /s/ Daniel Rodriguez, Attorney-in-Fact for Andy Sherman 2015-12-17