4//SEC Filing
SHERMAN MARK ANDREW 4
Accession 0000950170-25-083386
CIK 0001308547other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 7:58 PM ET
Size
9.1 KB
Accession
0000950170-25-083386
Insider Transaction Report
Form 4
SHERMAN MARK ANDREW
EVP, GEN. COUN. & SECRTY
Transactions
- Sale
Class A Common Stock
2025-06-04$75.02/sh−15,000$1,125,287→ 62,397 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2025-06-04−15,000→ 4,500 totalExercise: $64.60Exp: 2025-12-17→ Class A Common Stock (15,000 underlying) - Exercise/Conversion
Class A Common Stock
2025-06-04$64.60/sh+15,000$969,000→ 77,397 total
Footnotes (3)
- [F1]Shares held following the reported transactions include 45,470 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.
- [F2]The shares were sold in multiple transactions at prices ranging from $75.00 to $75.125, 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.
- [F3]This performance-based stock option award was granted for a total of 28,000 shares of Class A Common Stock at target. The number of shares actually earned and vested upon the achievement of total shareholder return performance criteria measured during a three-year performance period ended on December 17, 2021 was at 75% of target, or 19,500 shares.
Documents
Issuer
Dolby Laboratories, Inc.
CIK 0001308547
Entity typeother
Related Parties
1- filerCIK 0001256708
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 7:58 PM ET
- Size
- 9.1 KB