Sec Form 4 Filing - WELCHER BLAKE @ DTS, INC. - 2016-08-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
WELCHER BLAKE
2. Issuer Name and Ticker or Trading Symbol
DTS, INC. [ DTSI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP Legal & Licensing Oper
(Last) (First) (Middle)
C/O DTS, INC., 5220 LAS VIRGENES ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/17/2016
(Street)
CALABASAS, CA91302
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/17/2016 A 15,000 ( 1 ) ( 2 ) A $ 0 30,141 ( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WELCHER BLAKE
C/O DTS, INC.
5220 LAS VIRGENES ROAD
CALABASAS, CA91302
EVP Legal & Licensing Oper
Signatures
/s/ Blake Welcher 08/19/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares represent restricted stock units and will be settled in common stock upon vesting.
( 2 )Subject to the Reporting Person's continuing to be a service provider through each applicable vesting date, one-fourth (1/4th) of the RSUs subject to the award shall vest on August 15, 2017, and each of the next three (3) vesting dates to occur on the fifteenth (15th) day of the same month in each of the followingthree (3) years, such that the award shall be fully vested on August 15, 2020, and in the event of termination of the awardee's service to the Company, any unvested RSU shall be automatically reacquired by the Company without payment to the awardee.
( 3 )Includes 990 shares acquired under the Issuer's employee stock purchase plan on May 13, 2016.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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