0001209191-20-059653.txt : 20201120 0001209191-20-059653.hdr.sgml : 20201120 20201120162707 ACCESSION NUMBER: 0001209191-20-059653 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201118 FILED AS OF DATE: 20201120 DATE AS OF CHANGE: 20201120 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dolby Dagmar CENTRAL INDEX KEY: 0001537372 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32431 FILM NUMBER: 201332833 MAIL ADDRESS: STREET 1: C/O DOLBY LABORATORIES, INC. STREET 2: 1275 MARKET STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 CENTRAL INDEX KEY: 0001598813 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32431 FILM NUMBER: 201332834 BUSINESS ADDRESS: STREET 1: 2515 SCOTT STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94115 BUSINESS PHONE: 415-563-6947 MAIL ADDRESS: STREET 1: 2515 SCOTT STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94115 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Dolby Laboratories, Inc. CENTRAL INDEX KEY: 0001308547 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 900199783 STATE OF INCORPORATION: DE FISCAL YEAR END: 0927 BUSINESS ADDRESS: STREET 1: 1275 MARKET STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 415 558 0200 MAIL ADDRESS: STREET 1: 1275 MARKET STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-11-18 0 0001308547 Dolby Laboratories, Inc. DLB 0001537372 Dolby Dagmar C/O DOLBY LABORATORIES, INC. 1275 MARKET STREET SAN FRANCISCO CA 94103 0 0 1 0 0001598813 DAGMAR DOLBY TRUST UNDER DOLBY FAMILY TRUST INSTRUMENT DATED MAY 7, 1999 C/O DOLBY LABORATORIES, INC. 1275 MARKET STREET SAN FRANCISCO CA 94103 0 0 1 0 Class B Common Stock 2020-11-18 4 J 0 1300000 89.355 A Class A Common Stock 1300000 7726617 I By Trust Class B Common Stock 2020-11-18 4 J 0 1800000 89.355 A Class A Common Stock 1900000 9526617 I By Trust Class B Common Stock 2020-11-18 5 G 0 E 3000000 0.00 D Class A Common Stock 3000000 6526617 I By Trust Class B Common Stock 2020-11-18 5 G 0 E 3000000 0.00 A Class A Common Stock 3000000 3000000 I By Trust Class B Common Stock Class A Common Stock 24108162 I By Trust Class B Common Stock Class A Common Stock 160592 I By Trust Class B Common Stock Class A Common Stock 463262 I By Trust Class B Common Stock Class A Common Stock 350000 I By LLC Class B Common Stock Class A Common Stock 1040000 I By LLC Class B Common Stock Class A Common Stock 403600 I By Trust Class B Common Stock Class A Common Stock 0 I By Trust Class B Common Stock Class A Common Stock 0 I By Trust 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. On November 18, 2020, 1,300,000 shares of Class B Common Stock that were previously held indirectly by the Dagmar Dolby 2020 Trust BB (as defined below) were transferred to the Dagmar Dolby Trust (as defined below) in exchange for assets of equal value. As such, these securities are beneficially owned by the Dagmar Dolby Trust. The shares exchanged from the Dagmar Dolby 2020 Trust BB were valued at $89.355 per share, the mean of the high and low trading price for the Class A Common Stock on November 18, 2020, for such purpose. 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. On November 18, 2020, 1,800,000 shares of Class B Common Stock that were previously held indirectly by the Dagmar Dolby 2019 Trust BB (as defined below) were transferred to the Dagmar Dolby Trust in exchange for assets of equal value. As such, these securities are beneficially owned by the Dagmar Dolby Trust. On November 18, 2020, the Dagmar Dolby Trust contributed 3,000,000 shares of Class B Common Stock to a newly formed grantor retained annuity trust, the Dagmar Dolby 2020 Trust BB-2 (as defined below). Such share contribution was effected solely for tax and estate planning purposes, 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 contribution 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, and as a result the reporting persons are voluntarily reporting such share contribution on this Form 4. 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 2020 Trust BB-2, dated November 18, 2020 (the "Dagmar Dolby 2020 Trust BB-2"), voting power over which is held by David E. Dolby as Special Trustee of the Dagmar Dolby 2020 Trust BB-2. This report is filed by Dagmar Dolby with respect to the securities held by the Dagmar Dolby 2020 Trust BB-2. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. 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 Marital Trust under the Dolby Family Trust instrument, dated May 7, 1999 (the "Marital Trust"), voting power over which is shared by the Trustee and David E. Dolby as Special Trustee of the Marital Trust. This report is filed by Dagmar Dolby with respect to the securities held by the Marital Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. 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 Ray Dolby 2002 Trust A, dated April 19, 2002 (the "Ray Dolby 2002 Trust A"), voting power over which is held by Thomas E. Dolby, son of Dagmar Dolby, as Special Trustee of the Ray Dolby 2002 Trust A. This report is filed by Dagmar Dolby with respect to the securities held by the Ray Dolby 2002 Trust A. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. 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 Ray Dolby 2002 Trust B, dated April 19, 2002 (the "Ray Dolby 2002 Trust B"), voting power over which is held by David E. Dolby as Special Trustee of the Ray Dolby 2002 Trust B. This report is filed by Dagmar Dolby with respect to the securities held by the Ray Dolby 2002 Trust B. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. Reflects shares of Class B Common Stock (convertible into a like number of shares of Class A Common Stock) held of record by Dolby Holdings III LLC, a limited liability company ("Dolby Holdings III"), investment power over which is held by Dagmar Dolby, the manager of Dolby Holdings III, and voting power over which is held by David E. Dolby, the Special Manager of Dolby Holdings III. This report is filed by Dagmar Dolby with respect to the securities held by Dolby Holdings III. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. Reflects shares of Class B Common Stock (convertible into a like number of shares of Class A Common Stock) held of record by Dolby Holdings II LLC, a limited liability company ("Dolby Holdings II"), investment power over which is held by Dagmar Dolby, manager of Dolby Holdings II, and voting power over which is held by (i) Thomas E. Dolby, a Special Manager of Dolby Holdings II, with respect to 50% of such shares, and (ii) David E. Dolby, a Special Manager of Dolby Holdings II, with respect to 50% of such shares. This report is filed by Dagmar Dolby with respect to the securities held by Dolby Holdings II. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. 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 2016 Trust B, dated March 23, 2016 (the "Dagmar Dolby 2016 Trust B"), voting power of which is held by David E. Dolby as Special Trustee of the Dagmar Dolby 2016 Trust B. This report is filed by Dagmar Dolby with respect to the securities held by the Dagmar Dolby 2016 Trust B. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. 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 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 and transactions effected 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. 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 2020 Trust BB, dated March 17, 2020 (the "Dagmar Dolby 2020 Trust BB"), voting power over which is held by David E. Dolby as Special Trustee of the Dagmar Dolby 2020 Trust BB. This report is filed by Dagmar Dolby with respect to the securities held and transactions effected by the Dagmar Dolby 2020 Trust BB. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. /s/ Daniel Rodriguez, Attorney-in-Fact 2020-11-20