February 4, 2025 · Form 4 insider transaction
GOTCHER PETER C bought 3,140 shares of Dolby Laboratories, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Award represents a total of 3,140 restricted stock units granted under the terms of the Issuer's 2020 Stock Plan. Each unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting, which will occur on the earlier of (i) the first anniversary of the date of grant or (ii) the date immediately preceding the date of Issuer's 2026 annual meeting of stockholders, provided that, in either case, the Reporting Person continues to serve as a member of the Issuer's board of directors on such date.; Shares held following the reported transactions include 3,140 shares of Class A common stock underlying restricted stock units, which are subject to forfeiture until they vest.