Couling John D's Form 4 filing
Dolby Laboratories, Inc. (DLB) · filed Feb 8, 2023
- Accession no.
- 0001209191-23-007946
- Filed
- Feb 8, 2023
- Trade date
- Feb 6-7, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $7.34M. It was filed 2 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 |
|---|---|
| Couling John DCIK 0001894052 | Officer (SVP, Entertainment) |
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 |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2023 | Class A Common Stock | MOption exerciseAcquired | +50,000 | $37.35 | +$1,867,500 | 146,245 | Direct | |
| Feb 6, 2023 | Class A Common Stock | SSaleDisposed | −41,738 | $84.48F2 | −$3,526,026.24 | 104,507 | Direct | |
| Feb 6, 2023 | Class A Common Stock | SSaleDisposed | −8,262 | $85.24F3 | −$704,252.88 | 96,245 | Direct | |
| Feb 7, 2023 | Class A Common Stock | MOption exerciseAcquired | +15,153 | $37.35 | +$565,964.55 | 111,398 | Direct | |
| Feb 7, 2023 | Class A Common Stock | MOption exerciseAcquired | +21,850 | $45.50 | +$994,175 | 133,248 | Direct | |
| Feb 7, 2023 | Class A Common Stock | SSaleDisposed | −31,202 | $83.86F4 | −$2,616,599.72 | 102,046 | Direct | |
| Feb 7, 2023 | Class A Common Stock | SSaleDisposed | −5,801 | $84.37F5 | −$489,430.37 | 96,245 | 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 6, 2023 | Class A Common Stock | MOption exerciseDisposed | −50,000 | $0.00 | $0 | 15,153 | Direct | |
| Feb 7, 2023 | Class A Common Stock | MOption exerciseDisposed | −15,153 | $0.00 | $0 | 0 | Direct | |
| Feb 7, 2023 | Class A Common Stock | MOption exerciseDisposed | −21,850 | $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.
- F2
This transaction was executed in multiple trades at prices ranging from $84.03 to $85.00. 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.
Referenced by the price of 1 transaction in Table I.
- F3
The shares were sold in multiple transactions at prices ranging from $85.04 to $85.91. 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.
- F4
This transaction was executed in multiple trades at prices ranging from $83.26 to $84.25. 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.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $84.26 to $84.67. 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.
Referenced by the price of 1 transaction in Table I.
Remarks
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan.