0001209191-21-052070.txt : 20210817
0001209191-21-052070.hdr.sgml : 20210817
20210817192942
ACCESSION NUMBER: 0001209191-21-052070
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210816
FILED AS OF DATE: 20210817
DATE AS OF CHANGE: 20210817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Forshay Steven E
CENTRAL INDEX KEY: 0001315522
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32431
FILM NUMBER: 211184599
MAIL ADDRESS:
STREET 1: 1275 MARKET STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Dolby Laboratories, Inc.
CENTRAL INDEX KEY: 0001308547
STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794]
IRS NUMBER: 900199783
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0927
BUSINESS ADDRESS:
STREET 1: 1275 MARKET STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
BUSINESS PHONE: 415 558 0200
MAIL ADDRESS:
STREET 1: 1275 MARKET STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-08-16
0
0001308547
Dolby Laboratories, Inc.
DLB
0001315522
Forshay Steven E
C/O DOLBY LABORATORIES, INC.
1275 MARKET STREET
SAN FRANCISCO
CA
94103
0
1
0
0
SVP, Advanced Technology Group
Class A Common Stock
2021-08-16
4
M
0
17280
62.32
A
75125.826
D
Class A Common Stock
2021-08-16
4
S
0
17280
101.0515
D
57845.826
D
Class A Common Stock
2021-08-16
4
M
0
1125
64.60
A
58970.826
D
Class A Common Stock
2021-08-16
4
S
0
1125
101.8927
D
57845.826
D
Class A Common Stock
2021-08-16
4
M
0
6750
62.32
A
64595.826
D
Class A Common Stock
2021-08-16
4
S
0
6750
101.8539
D
57845.826
D
Employee Stock Option (right to buy)
62.32
2021-08-16
4
M
0
17280
0.00
D
2024-12-15
Class A Common Stock
17280
0
D
Employee Stock Option (right to buy)
64.60
2021-08-16
4
M
0
1125
0.00
D
2028-12-17
Class A Common Stock
1125
0
D
Employee Stock Option (right to buy)
62.32
2021-08-16
4
M
0
6750
0.00
D
2027-12-15
Class A Common Stock
6750
3000
D
Shares held following the reported transactions include 2,250 restricted stock units, which are subject to forfeiture until they vest.
The shares were sold in multiple transactions at prices ranging from $101.011 to $101.22, inclusive. The price reported above reflects the weighted average sale 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.
The shares were sold in multiple transactions at prices ranging from $101.89 to $101.90, inclusive. The price reported above reflects the weighted average sale 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.
This transaction was executed in multiple trades at prices ranging from $101.83 to $101.89. 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.
This performance-based stock option award was granted for a total of 18,000 shares of Class A Common Stock at target. The number of shares actually earned and vested upon the achievement of total shareholder return performance criteria measured during a three-year performance period ended on December 16, 2020 was at 96% of target, or 17,280 shares
This option was granted for a total of 27,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 17, 2018, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.
This option was granted for a total of 36,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2017, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.
/s/ Daniel Rodriguez, Attorney-in-Fact for Steven Forshay
2021-08-17