Jaffe Martin A 4
4 · Dolby Laboratories, Inc. · Filed Feb 24, 2009
Insider Transaction Report
Form 4
Jaffe Martin A
Exec. V.P., Bus. Affairs
Transactions
- Conversion
Class A Common Stock
2009-02-23+10,000→ 15,463 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2009-02-23−3,750→ 0 totalExercise: $1.26Exp: 2011-01-16→ Class B Common Stock (3,750 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2009-02-23−3,500→ 0 totalExercise: $2.08Exp: 2014-04-21→ Class B Common Stock (3,500 underlying) - Exercise/Conversion
Class B Common Stock
2009-02-23$1.26/sh+3,750$4,725→ 6,500 totalExercise: $0.00→ Class A Common Stock (3,750 underlying) - Exercise/Conversion
Class B Common Stock
2009-02-23$2.08/sh+3,500$7,280→ 10,000 totalExercise: $0.00→ Class A Common Stock (3,500 underlying) - Conversion
Class B Common Stock
2009-02-23−10,000→ 0 totalExercise: $0.00→ Class A Common Stock (10,000 underlying)
Footnotes (5)
- [F1]Each share of Class A Common Stock issued upon conversion of one share of Class B Common Stock at the election of the reporting person.
- [F2]Shares held following the reported transactions include 4,500 restricted stock units, which are subject to forfeiture until they vest.
- [F3]This option was granted for a total of 25,000 shares of Class B Common Stock. 1/4 of the total number of shares issuable under the option becomes exercisable on each anniversary of January 1, 2001, the vesting commencement date.
- [F4]This option was granted for a total of 180,000 shares of Class B Common Stock. 1/4 of the total number of shares issuable under the option vests on each anniversary of April 1, 2004, the vesting commencement date.
- [F5]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.