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Sherman Mark Andrew's Form 4 filing

Dolby Laboratories, Inc. (DLB) · filed Dec 16, 2021

Accession no.
0001209191-21-070104
Filed
Dec 16, 2021, 9:25 PM ET
Trade date
Dec 16, 2020-Dec 15, 2021
Filing delay
365 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $160.8K. It was filed 365 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Sherman Mark AndrewCIK 0001256708Officer (EVP, GEN. COUN. & SECRTY)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 15, 2021Class A Common StockFTax withholdingDisposed−3,506$90.55−$317,468.346,956Direct
Dec 15, 2021Class A Common StockAGrant or awardAcquired+14,757$0.00$061,713Direct
Dec 16, 2020Class A Common StockFTax withholdingDisposed−1,637$91.80−$150,276.660,076Direct
Dec 16, 2020Class A Common StockSSaleDisposed−1,432$90.97F7−$130,263.1758,644Direct
Dec 16, 2020Class A Common StockSSaleDisposed−332$91.90F8−$30,511.658,312Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Dec 15, 2021Class A Common StockAGrant or awardAcquired+7,378$0.00$07,378Direct
Dec 15, 2021Class A Common StockAGrant or awardAcquired+30,545$0.00$030,545Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F7

The shares were sold in multiple transactions at prices ranging from $90.65 to $91.35, inclusive. The price reported above reflects the weighted average sale 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.

Referenced by the price of 1 transaction in Table I.

F8

The shares were sold in multiple transactions at prices ranging from $91.81 to $92.07, inclusive. The price reported above reflects the weighted average sale 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.

Referenced by the price of 1 transaction in Table I.

Remarks

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Read the full filing on SEC EDGAR (opens in a new tab)