Dolby Laboratories, Inc. 4
4 · Dolby Laboratories, Inc. · Filed Dec 18, 2014
Insider Transaction Report
Form 4
ROCKWELL MICHAEL J
EVP, Products and Technologies
Transactions
- Tax Payment
Class A Common Stock
2014-12-16$42.49/sh−2,907$123,518→ 116,592 total - Sale
Class A Common Stock
2014-12-18$43.52/sh−1,332$57,967→ 112,775 total - Sale
Class A Common Stock
2014-12-17$42.47/sh−2,485$105,548→ 114,107 total
Footnotes (4)
- [F1]In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Company and not issued to the reporting person in order to cover withholding taxes incident to the vesting of restricted stock units.
- [F2]Shares held following the reported transactions include 90,448 restricted stock units, which are subject to forfeiture until they vest.
- [F3]This transaction was executed in multiple trades at prices ranging from $42.14 to $43.08. 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.
- [F4]This transaction was executed in multiple trades at prices ranging from $43.41 to $43.67. 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.