Sherman Mark Andrew's Form 4 filing
Dolby Laboratories, Inc. (DLB) · filed Dec 19, 2022
- Accession no.
- 0001209191-22-062075
- Filed
- Dec 19, 2022
- Trade date
- Dec 15-19, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 3 derivative transactions. Open-market sales total $519.0K. It was filed 4 days after the trade.
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.
| Owner | Relationship to the company |
|---|---|
| Sherman Mark AndrewCIK 0001256708 | Officer (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.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 15, 2022 | Class A Common Stock | FTax withholdingDisposed | −2,510 | $73.17 | −$183,656.7 | 49,372 | Direct | |
| Dec 15, 2022 | Class A Common Stock | AGrant or awardAcquired | +18,299 | $0.00 | $0 | 67,671 | Direct | |
| Dec 16, 2022 | Class A Common Stock | MOption exerciseAcquired | +5,344 | $0.00F6 | $0 | 73,015 | Direct | |
| Dec 16, 2022 | Class A Common Stock | FTax withholdingDisposed | −3,574 | $71.07 | −$254,004.18 | 69,441 | Direct | |
| Dec 16, 2022 | Class A Common Stock | SSaleDisposed | −2,334 | $70.66F8 | −$164,920.44 | 67,107 | Direct | |
| Dec 19, 2022 | Class A Common Stock | FTax withholdingDisposed | −1,612 | $70.80 | −$114,129.6 | 65,495 | Direct | |
| Dec 19, 2022 | Class A Common Stock | SSaleDisposed | −4,738 | $69.80F10 | −$330,712.4 | 60,757 | Direct | |
| Dec 19, 2022 | Class A Common Stock | SSaleDisposed | −332 | $70.44F11 | −$23,386.08 | 60,425 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 15, 2022 | Class A Common Stock | AGrant or awardAcquired | +9,149 | $0.00 | $0 | 9,149 | Direct | |
| Dec 15, 2022 | Class A Common Stock | AGrant or awardAcquired | +32,944 | $0.00 | $0 | 32,944 | Direct | |
| Dec 16, 2022 | Class A Common Stock | MOption exerciseDisposed | −5,344 | $0.00 | $0 | 0 | Direct |
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.
- F6
Each performance-based restricted stock unit (PSU) represented a contingent right to receive, upon vesting, one share of Issuer Class A common stock.
Referenced by the price of 1 transaction in Table I.
- F8
The shares were sold in multiple transactions at prices ranging from $70.433 to $71.11, 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.
- F10
The shares were sold in multiple transactions at prices ranging from $69.257 to $70.20, 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.
- F11
The shares were sold in multiple transactions at prices ranging from $70.27 to $70.70, 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.