Forshay Steven E 4
4 · Dolby Laboratories, Inc. · Filed Nov 18, 2020
Insider Transaction Report
Form 4
Forshay Steven E
SVP, Advanced Technology Group
Transactions
- Exercise/Conversion
Class A Common Stock
2020-11-18$64.60/sh+19,698$1,272,491→ 81,015.826 total - Sale
Class A Common Stock
2020-11-18$89.15/sh−19,698$1,756,077→ 61,317.826 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-11-16−833→ 834 totalExercise: $45.50Exp: 2026-12-15→ Class A Common Stock (833 underlying) - Sale
Class A Common Stock
2020-11-18$89.15/sh−3,000$267,450→ 61,317.826 total - Exercise/Conversion
Employee Stock Option (right to buy)
2020-11-18−19,698→ 1,125 totalExercise: $64.60Exp: 2028-12-17→ Class A Common Stock (19,698 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2020-11-18−3,000→ 9,750 totalExercise: $62.32Exp: 2027-12-15→ Class A Common Stock (3,000 underlying) - Exercise/Conversion
Class A Common Stock
2020-11-16$45.50/sh+833$37,902→ 62,150.826 total - Sale
Class A Common Stock
2020-11-16$85.97/sh−833$71,613→ 61,317.826 total - Exercise/Conversion
Class A Common Stock
2020-11-18$62.32/sh+3,000$186,960→ 64,317.826 total
Footnotes (6)
- [F1]This transaction was done pursuant to a Rule 10b5-1 trading plan.
- [F2]Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.
- [F3]This transaction was executed in multiple trades at prices ranging from $89.185 to $89.15. 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 40,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2016, 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 27,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 17, 2018, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.
- [F6]This option was granted for a total of 36,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2017, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.