Nicholson Ryan 4
4 · Dolby Laboratories, Inc. · Filed Dec 18, 2024
Insider Transaction Report
Form 4
Nicholson Ryan
VP, CAO and Corp. Controller
Transactions
- Tax Payment
Class A Common Stock
2024-12-16$79.18/sh−1,934$153,134→ 29,758 total - Award
Class A Common Stock
2024-12-16+7,328→ 31,692 total
Footnotes (4)
- [F1]Award represents a total of 7,328 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Under the terms of the restricted stock unit grant agreement, 1/4 of the total number of units shall vest on each anniversary of December 16, 2024. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
- [F2]Shares held following the reported transactions include 21,898 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- [F3]In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer in a transaction exempt from Section 16(b) and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.
- [F4]Shares held following the reported transactions include 16,438 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.