Nicholson Ryan 4
4 · Dolby Laboratories, Inc. · Filed Feb 8, 2023
Insider Transaction Report
Form 4
Nicholson Ryan
VP, CAO and Corp. Controller
Transactions
- Exercise/Conversion
Class A Common Stock
2023-02-06$42.98/sh+3,025$130,014→ 22,392 total - Sale
Class A Common Stock
2023-02-06$84.56/sh−354$29,933→ 19,013 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-02-06−3,025→ 0 totalExercise: $42.98Exp: 2024-12-15→ Class A Common Stock (3,025 underlying) - Exercise/Conversion
Class A Common Stock
2023-02-06$37.35/sh+3,600$134,460→ 25,992 total - Sale
Class A Common Stock
2023-02-06$84.56/sh−6,625$560,189→ 19,367 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-02-06−3,600→ 0 totalExercise: $37.35Exp: 2023-12-16→ Class A Common Stock (3,600 underlying)
Footnotes (5)
- [F1]Shares held following the reported transactions include 12,777 restricted stock units, which are subject to forfeiture until they vest.
- [F2]This transaction was executed in multiple trades at prices ranging from $84.50 to $84.76. 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.
- [F3]This transaction was executed in multiple trades at prices ranging from $84.55 to $84.57. 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 originally granted for a total of 3,025 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date.
- [F5]This option was originally granted for a total of 3,600 shares of Class A Common Stock. The option exercised in this transaction was fully vested and exercisable as of the transaction date.