JASPER N WILLIAM JR 4
4 · Dolby Laboratories, Inc. · Filed Feb 6, 2019
Insider Transaction Report
Form 4
JASPER N WILLIAM JR
Director
Transactions
- Sale
Class A Common Stock
2019-02-05$65.00/sh−3,920$254,800→ 7,000 total(indirect: By Trust) - Award
Class A Common Stock
2019-02-05+3,996→ 3,996 total
Footnotes (2)
- [F1]Award represents a total of 3,996 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, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2020 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.
- [F2]Shares held following the reported transaction include 3,996 restricted stock units, which are subject to forfeiture until they vest.