Dolby Laboratories, Inc. 4/A
4/A · Dolby Laboratories, Inc. · Filed Aug 18, 2016
Insider Transaction Report
Form 4/AAmended
BERGERON MICHAEL
SVP, WW Sales & Field Oper.
Transactions
- Sale
Class A Common Stock
2016-08-16$49.10/sh−29,101$1,428,847→ 34,940 total - Exercise/Conversion
Class A Common Stock
2016-08-16$40.37/sh+1,850$74,685→ 36,790 total - Exercise/Conversion
Class A Common Stock
2016-08-16$37.35/sh+29,101$1,086,922→ 64,041 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-08-16−29,101→ 34,551 totalExercise: $37.35Exp: 2023-12-16→ Class A Common Stock (29,101 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2016-08-16−1,850→ 98,633 totalExercise: $40.37Exp: 2022-05-15→ Class A Common Stock (1,850 underlying) - Sale
Class A Common Stock
2016-08-16$49.10/sh−1,850$90,834→ 34,940 total - Sale
Class A Common Stock
2016-08-16$49.10/sh−19,049$935,281→ 12,556 total(indirect: By Trust)
Footnotes (5)
- [F1]Shares held following the reported transactions include 34,940 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- [F2]The amount of securities beneficially owned following the reported transaction should have been reported as 36,790, instead of 36,970 as originally reported, due to an administrative error.
- [F3]This transaction was executed in multiple trades at prices ranging from $49 to $49.235. 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 option was granted for a total of 100,483 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of May 15, 2012, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.
- [F5]This option was granted for a total of 103,652 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 16, 2013, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.