Steven E. Forshay - Aug 30, 2021 Form 4 Insider Report for Dolby Laboratories, Inc. (DLB)

Role: SVP, Advanced Technology Group
Signature: /s/ Daniel Rodriguez, Attorney-in-Fact for Steven Forshay
Stock symbol: DLB
Transactions as of: Aug 30, 2021
Transactions value $: -$171,690
Form type: 4
Date filed: 8/31/2021, 08:53 PM
Previous filing: Aug 17, 2021
Next filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DLB	Class A Common Stock	Sale	-$172K	-1.71K	-2.95%	$100.52	56.1K	Aug 30, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $100.50 to $100.58. 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.
F2	Shares held following the reported transactions include 2,250 restricted stock units, which are subject to forfeiture until they vest.

Content

This transaction was executed in multiple trades at prices ranging from $100.50 to $100.58. 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.

Shares held following the reported transactions include 2,250 restricted stock units, which are subject to forfeiture until they vest.