Dolby Laboratories, Inc. 4
4 · Dolby Laboratories, Inc. · Filed Feb 4, 2015
Insider Transaction Report
Form 4
TEVANIAN AVADIS
Director
Transactions
- Award
Class A Common Stock
2015-02-03+7,759→ 7,759 total - Sale
Class A Common Stock
2015-02-04$38.71/sh−3,706$143,472→ 30,628 total(indirect: By Trust)
Footnotes (3)
- [F1]Award represents a total of 7,759 restricted stock units granted under the terms of the Issuer's 2005 Stock Plan. 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 7,759 restricted stock units, which are subject to forfeiture until they vest.
- [F3]This transaction was executed in multiple trades at prices ranging from $38.34 to $38.99. 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.