Dolby David 4
4 · Dolby Laboratories, Inc. · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Dolby David
Director10% Owner
Transactions
- Award
Class A Common Stock
2024-02-06+2,952→ 85,670 total
Footnotes (2)
- [F1]Award represents a total of 2,952 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2025 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.
- [F2]Shares held following the reported transactions include 2,952 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.