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