DLB

SEC source: 0001209191-20-057142 · doc4.xml · derivative · entry 7

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 280,386

Underlying: Class A Common Stock · 6,879 shares

Expires 2023-12-16

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: This option was granted for a total of 287,265 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 16, 2013, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-057142 · doc4.xml · derivative · entry 6

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust, dated May 14, 2009

Disclosed balance after: 0

Underlying: Class A Common Stock · 23,121 shares

Expires 2025-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option was granted for a total of 194,399 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2015, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-057142 · doc4.xml · nonDerivative · entry 4

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 32,895

SEC source: 0001209191-20-057142 · doc4.xml · nonDerivative · entry 3

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 39,774

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-057142 · doc4.xml · nonDerivative · entry 2

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 32,895

F1 · price: The shares were sold in multiple transactions at prices ranging from $80.00 to $80.015, 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.

SEC source: 0001209191-20-057142 · doc4.xml · nonDerivative · entry 1

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 56,016

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-057140 · doc4.xml · derivative · entry 6

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,118

Underlying: Class A Common Stock · 1,582 shares

Expires 2023-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_date: This performance-based stock option award was granted for a total of 26,000 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 15, 2019 was at 95% of target, or 24,700 shares.

SEC source: 0001209191-20-057140 · doc4.xml · derivative · entry 5

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 23,418 shares

Expires 2024-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: This option was granted for a total of 75,212 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2014, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-057140 · doc4.xml · nonDerivative · entry 4

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,038

F3 · price: The shares were sold in multiple transactions at prices ranging from $80.00 to $80.01, 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.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

SEC source: 0001209191-20-057140 · doc4.xml · nonDerivative · entry 3

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,620

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

SEC source: 0001209191-20-057140 · doc4.xml · nonDerivative · entry 2

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,038

F2 · price: The shares were sold in multiple transactions at prices ranging from $80.00 to $80.02, 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.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

SEC source: 0001209191-20-057140 · doc4.xml · nonDerivative · entry 1

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,456

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

SEC source: 0001209191-20-056637 · doc4.xml · derivative · entry 3

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,418

Underlying: Class A Common Stock · 25,000 shares

Expires 2024-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: This option was granted for a total of 75,212 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2014, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-056637 · doc4.xml · nonDerivative · entry 2

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,038

F3 · price: The shares were sold in multiple transactions at prices ranging from $76.00 to $76.075, 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.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

F2 · balance_after: Shares include 387 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2020.

SEC source: 0001209191-20-056637 · doc4.xml · nonDerivative · entry 1

SHERMAN MARK ANDREW · CIK 0001256708 · EVP, GEN. COUN. & SECRTY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,038

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 33,200 restricted stock units, which are subject to forfeiture until they vest

F2 · balance_after: Shares include 387 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2020.

SEC source: 0001209191-20-056640 · doc4.xml · derivative · entry 4

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust, dated May 14, 2009

Disclosed balance after: 23,121

Underlying: Class A Common Stock · 30,000 shares

Expires 2025-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: This option was granted for a total of 194,399 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2015, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-056640 · doc4.xml · nonDerivative · entry 2

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 32,895

SEC source: 0001209191-20-056640 · doc4.xml · nonDerivative · entry 1

YEAMAN KEVIN J · CIK 0001200469 · Director · President and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009

Disclosed balance after: 62,895

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001209191-20-055292 · doc4.xml · derivative · entry 3

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,667

Underlying: Class A Common Stock · 833 shares

Expires 2026-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: This option was granted for a total of 40,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2016, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-055292 · doc4.xml · nonDerivative · entry 2

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,317.826

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-055292 · doc4.xml · nonDerivative · entry 1

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,150.826

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-054636 · doc4.xml · derivative · entry 3

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,500

Underlying: Class A Common Stock · 834 shares

Expires 2026-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: This option was granted for a total of 40,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2016, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-054636 · doc4.xml · nonDerivative · entry 2

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,317.826

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-054636 · doc4.xml · nonDerivative · entry 1

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,151.826

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-052161 · doc4.xml · derivative · entry 4

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 6,426,617

Underlying: Class A Common Stock · 1,900,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F5 · kind: On September 25, 2020, the Dagmar Dolby 2019 Trust BB (as defined below), which is a grantor retained annuity trust, transferred 1,900,000 shares of Class B Common Stock to the Dagmar Dolby Trust. Such share transfer was effected in satisfaction of the annuity payment requirements, and in accordance with the terms, of the Dagmar Dolby 2019 Trust BBs trust instrument, and was a transfer for no value without the payment or receipt of any funds or other consideration by any reporting person in exchange therefor. Applicable rules consider such a share transfer to be exempt from the reporting requirements of Section 16(a) and the provisions of Section 16(b) of the Exchange Act, and as a result the reporting persons are voluntarily reporting such share transfer on this Form 4.

F1 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F1 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F4 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-052161 · doc4.xml · derivative · entry 3

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 1,800,000

Underlying: Class A Common Stock · 1,900,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F5 · kind: On September 25, 2020, the Dagmar Dolby 2019 Trust BB (as defined below), which is a grantor retained annuity trust, transferred 1,900,000 shares of Class B Common Stock to the Dagmar Dolby Trust. Such share transfer was effected in satisfaction of the annuity payment requirements, and in accordance with the terms, of the Dagmar Dolby 2019 Trust BBs trust instrument, and was a transfer for no value without the payment or receipt of any funds or other consideration by any reporting person in exchange therefor. Applicable rules consider such a share transfer to be exempt from the reporting requirements of Section 16(a) and the provisions of Section 16(b) of the Exchange Act, and as a result the reporting persons are voluntarily reporting such share transfer on this Form 4.

F1 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F1 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F6 · ownership.nature: Reflects shares of Class B Common Stock (convertible into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby 2019 Trust BB, dated July 22, 2019 (the "Dagmar Dolby 2019 Trust BB"), voting power over which is held by David E. Dolby as Special Trustee of the Dagmar Dolby 2019 Trust BB. This report is filed by Dagmar Dolby with respect to the securities held by the Dagmar Dolby 2019 Trust BB. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.

SEC source: 0001209191-20-052161 · doc4.xml · derivative · entry 2

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 4,526,617

Underlying: Class A Common Stock · 1,825,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F2 · kind: On September 25, 2020, the Dagmar Dolby 2018 Trust BB (as defined below), which is a grantor retained annuity trust, transferred 1,825,000 shares of Class B Common Stock to the Dagmar Dolby Trust (as defined below). Such share transfer was effected in satisfaction of the annuity payment requirements, and in accordance with the terms, of the Dagmar Dolby 2018 Trust BBs trust instrument, and was a transfer for no value without the payment or receipt of any funds or other consideration by any reporting person in exchange therefor. Applicable rules consider such a share transfer to be exempt from the reporting requirements of Section 16(a) and the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as a result the reporting persons are voluntarily reporting such share transfer on this Form 4.

F1 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F1 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F4 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-052161 · doc4.xml · derivative · entry 1

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 0

Underlying: Class A Common Stock · 1,825,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F2 · kind: On September 25, 2020, the Dagmar Dolby 2018 Trust BB (as defined below), which is a grantor retained annuity trust, transferred 1,825,000 shares of Class B Common Stock to the Dagmar Dolby Trust (as defined below). Such share transfer was effected in satisfaction of the annuity payment requirements, and in accordance with the terms, of the Dagmar Dolby 2018 Trust BBs trust instrument, and was a transfer for no value without the payment or receipt of any funds or other consideration by any reporting person in exchange therefor. Applicable rules consider such a share transfer to be exempt from the reporting requirements of Section 16(a) and the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as a result the reporting persons are voluntarily reporting such share transfer on this Form 4.

F1 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F1 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F3 · ownership.nature: Reflects shares of Class B Common Stock (convertible into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby 2018 Trust BB, dated June 20, 2018 (the "Dagmar Dolby 2018 Trust BB"), voting power over which is held by David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby 2018 Trust BB. This report is filed by Dagmar Dolby with respect to the securities held and transactions effected by the Dagmar Dolby 2018 Trust BB. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.

SEC source: 0001209191-20-049259 · doc4.xml · derivative · entry 3

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,701,617

Underlying: Class A Common Stock · 29,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F2 · kind: On September 2, 2020, the Dagmar Dolby Trust (as defined below) converted 29,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to one unaffiliated non-profit organization.

F4 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F4 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-049259 · doc4.xml · nonDerivative · entry 2

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 0

F2 · kind: On September 2, 2020, the Dagmar Dolby Trust (as defined below) converted 29,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to one unaffiliated non-profit organization.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-049259 · doc4.xml · nonDerivative · entry 1

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 29,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Each share of Class A Common Stock issued upon conversion of one share of Class B Common Stock at the election of, and at no cost to, the holder.

F2 · kind: On September 2, 2020, the Dagmar Dolby Trust (as defined below) converted 29,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to one unaffiliated non-profit organization.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-048905 · doc4.xml · derivative · entry 3

Baker Giles · CIK 0001731843 · SVP, Consumer Entertainment

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 8,334 shares

Expires 2025-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option was granted for a total of 50,000 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2015, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-048905 · doc4.xml · nonDerivative · entry 2

Baker Giles · CIK 0001731843 · SVP, Consumer Entertainment

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,250

F2 · price: The shares were sold in multiple transactions at prices ranging from $70.27 to $70.36, 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.

F1 · balance_after: Shares held following the reported transactions include 31,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-048905 · doc4.xml · nonDerivative · entry 1

Baker Giles · CIK 0001731843 · SVP, Consumer Entertainment

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,584

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 31,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-048562 · doc4.xml · derivative · entry 4

Nicholson Ryan · CIK 0001767009 · VP, Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 395 shares

Expires 2021-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option was granted for a total of 1,113 shares of Class A Common Stock. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2011, the vesting commencement date, and the balance of the shares vested in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-048562 · doc4.xml · nonDerivative · entry 3

Nicholson Ryan · CIK 0001767009 · VP, Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,789

F2 · balance_after: Shares held following the reported transactions include 6,188 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-048562 · doc4.xml · nonDerivative · entry 2

Nicholson Ryan · CIK 0001767009 · VP, Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,184

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Shares held following the reported transactions include 6,188 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-048562 · doc4.xml · nonDerivative · entry 1

Nicholson Ryan · CIK 0001767009 · VP, Corporate Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,789

F1 · balance_after: Shares include 364 shares acquired under the Issuer's Employee Stock Purchase Plan on May 15, 2020.

F2 · balance_after: Shares held following the reported transactions include 6,188 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-048410 · doc4.xml · derivative · entry 3

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,730,617

Underlying: Class A Common Stock · 65,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F2 · kind: On August 25, 2020, the Dagmar Dolby Trust (as defined below) converted 65,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to two unaffiliated charitable organizations.

F4 · derivative.exercise_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F4 · derivative.expiration_date: Shares of Class B Common Stock are convertible, at no cost, at any time at the election of the holder into shares of Class A Common Stock on a 1-for-1 basis.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-048410 · doc4.xml · nonDerivative · entry 2

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 0

F2 · kind: On August 25, 2020, the Dagmar Dolby Trust (as defined below) converted 65,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to two unaffiliated charitable organizations.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-048410 · doc4.xml · nonDerivative · entry 1

Dolby Dagmar · CIK 0001537372 · 10% owner

DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 · CIK 0001598813 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 65,000

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Each share of Class A Common Stock issued upon conversion of one share of Class B Common Stock at the election of, and at no cost to, the holder.

F2 · kind: On August 25, 2020, the Dagmar Dolby Trust (as defined below) converted 65,000 shares of Class B Common Stock into a like number of shares of Class A Common Stock and gifted all such shares of Class A Common Stock to two unaffiliated charitable organizations.

F3 · ownership.nature: Reflects shares of Class B Common Stock (as converted or convertible, as applicable, into a like number of shares of Class A Common Stock) held of record by Dagmar Dolby as the Trustee of the Dagmar Dolby Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Dagmar Dolby Trust"), voting power over which is shared by the Trustee and David E. Dolby, son of Dagmar Dolby, as Special Trustee of the Dagmar Dolby Trust. This report is filed jointly by Dagmar Dolby and the Dagmar Dolby Trust with respect to the securities held and transactions effected by the Dagmar Dolby Trust. The reporting persons disclaim beneficial ownership of these securities except to the extent of their respective pecuniary interest therein.

SEC source: 0001209191-20-047365 · doc4.xml · derivative · entry 3

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,334

Underlying: Class A Common Stock · 833 shares

Expires 2026-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: This option was granted for a total of 40,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2016, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-047365 · doc4.xml · nonDerivative · entry 2

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,317.826

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-047365 · doc4.xml · nonDerivative · entry 1

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,150.826

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-046634 · doc4.xml · derivative · entry 6

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,750

Underlying: Class A Common Stock · 23,250 shares

Expires 2027-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_date: This option was granted for a total of 36,000 shares of Class A Common. 1/4 of the total number of shares issuable under the option vested on the first anniversary of December 15, 2017, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 36 months thereafter.

SEC source: 0001209191-20-046634 · doc4.xml · derivative · entry 5

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,923

Underlying: Class A Common Stock · 5,077 shares

Expires 2028-12-17

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: This option was granted for a total of 27,000 shares of Class A Common. 1/2 of the total number of shares issuable under the option vested on the first anniversary of December 17, 2018, the vesting commencement date, and the balance of the shares vest in equal monthly installments over the next 12 months thereafter.

SEC source: 0001209191-20-046634 · doc4.xml · nonDerivative · entry 4

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,317.826

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-046634 · doc4.xml · nonDerivative · entry 3

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,567.826

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-046634 · doc4.xml · nonDerivative · entry 2

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,317.826

F2 · price: This transaction was executed in multiple trades at prices ranging from $70.50 to $70.55. 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.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.

SEC source: 0001209191-20-046634 · doc4.xml · nonDerivative · entry 1

Forshay Steven E · CIK 0001315522 · SVP, Advanced Technology Group

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,394.826

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Shares held following the reported transactions include 9,250 restricted stock units, which are subject to forfeiture until they vest.