FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Molina V Sue
2. Issuer Name and Ticker or Trading Symbol

DTS, INC. [ DTSI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O DTS, INC., 5220 LAS VIRGENES ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

12/1/2016
(Street)

CALABASAS, CA 91302
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/1/2016     D    32630   D $42.50   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Option (Right to Buy)   $27.40   12/1/2016     D         15000      (2) 1/7/2018   Common Stock   15000   $15.10   (3) 0   D    
Stock Option (Right to Buy)   $24.44   12/1/2016     D         7500      (4) 5/14/2019   Common Stock   7500   $18.06   (3) 0   D    
Stock Option (Right to Buy)   $32.77   12/1/2016     D         6000      (5) 6/4/2020   Common Stock   6000   $9.73   (3) 0   D    
Stock Option (Right to Buy)   $27.87   12/1/2016     D         7590      (6) 5/10/2022   Common Stock   7590   $14.63   (3) 0   D    
Stock Option (Right to Buy)   $20.22   12/1/2016     D         11304      (7) 6/6/2023   Common Stock   11304   $22.28   (3) 0   D    

Explanation of Responses:
( 1)  Disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 19, 2016, among the issuer, Tessera Technologies, Inc., Tempe Holdco Corporation, Tempe Merger Sub Corporation and Arizona Merger Sub Corporation in exchange for $42.50 per share (the "Merger Consideration") upon the closing of the merger.
( 2)  This option vest and becomes exercisable in equal installments over a thirty six month period, as measured from the date of grant (January 7, 2008).
( 3)  This option was cancelled pursuant to the terms of the Merger Agreement and, as set forth in the Merger Agreement, was exchanged for the right to receive a cash payment equal to the difference between the Merger Consideration and the option exercise price multiplied by the number of vested options.
( 4)  This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (May 14, 2009).
( 5)  This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (June 4, 2010).
( 6)  This option vests and becomes exercisable in equal monthly installments over a twelve month period, as measured from the date of grant (May 10, 2012).
( 7)  This option vests and becomes exercisable in equal monthly installments over a twenty four month period, as measured from the date of grant (June 6, 2013).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Molina V Sue
C/O DTS, INC.
5220 LAS VIRGENES ROAD
CALABASAS, CA 91302
X



Signatures
/s/ Jon Kirchner, Attorney-in-Fact 12/5/2016
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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