Dolby Laboratories, Inc. 4

4 · Dolby Laboratories, Inc. · Filed Dec 17, 2014

Form 4

Period: 2014-12-15

EVP, Products and Technologies

Transactions

Award
Employee Stock Option (Right to Buy)
2014-12-15+99,337→ 99,337 total
Exercise: $44.14Exp: 2024-12-15→ Class A Common Stock (99,337 underlying)
Award
Class A Common Stock
2014-12-15+15,858→ 124,927 total
Tax Payment
Class A Common Stock
2014-12-15$42.98/sh−5,428$233,295→ 119,499 total

Footnotes (5)

[F1]Shares held following the reported transactions include 106,419 restricted stock units, which are subject to forfeiture until they vest.
[F2]Award represents a total of 15,858 restricted stock units granted under the terms of the Issuer's 2005 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 15, 2014. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
[F3]This option was granted for a total of 99,337 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.
[F4]In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer and not issued to the reporting person in order to cover withholding taxes incident to the vesting of restricted stock units.
[F5]Shares held following the reported transactions include 96,019 restricted stock units, which are subject to forfeiture until they vest.

Documents

1 file