Ryan Nicholson - 17 Dec 2021 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Signature
/s/ Daniel Rodriguez, Attorney-in-Fact for Ryan Nicholson
Issuer symbol
DLB
Transactions as of
17 Dec 2021
Transactions value $
-$19,964
Form type
4
Filing time
20 Dec 2021, 19:39:25 UTC
Previous filing
16 Dec 2021
Next filing
19 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DLB Class A Common Stock Tax liability -$20K -217 -1.56% $92.00 13.7K 17 Dec 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with Rule 16b-3, shares reported as disposed of were withheld by the Issuer and not issued to the reporting person in order to cover withholding taxes incidental to the vesting of restricted stock units.
F2 Shares held following the reported transactions include 9,626 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.