SEC Form 4 · accession 0001209191-17-026850

WHITEWAVE FOODS Co · WWAV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Bernard J.P. Deryckere

Officer — President, Europe Foods & Bevs

Period of report

Apr 12, 2017

Accepted (ET)

Apr 13, 2017 · 4:07 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001555365

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
common stock^F1	Apr 12, 2017	D	36,722	$56.25	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
stock option (right to buy)^F2	$26.91	Apr 12, 2017	D	58,137	D	Feb 14, 2015	Feb 14, 2024	common stock	58,137	D
stock option (right to buy)^F2	$38.96	Apr 12, 2017	D	27,477	D	Feb 17, 2016	Feb 17, 2025	common stock	27,477	D
stock option (right to buy)^F2	$36.09	Apr 12, 2017	D	29,865	D	Feb 15, 2017	Feb 15, 2026	common stock	29,865	D
restricted stock unit^F4,F3	—	Apr 12, 2017	D	2,852	D	Feb 17, 2016	Feb 17, 2018	common stock	2,852	D
restricted stock unit^F4,F3	—	Apr 12, 2017	D	6,158	D	Feb 15, 2017	Feb 15, 2019	common stock	6,158	D
stock appreciation rights (cash settled)^F6,F5	$17.00	Apr 12, 2017	D	15,636	D	Oct 25, 2013	Oct 25, 2022	common stock	15,636	D
stock appreciation rights (cash settled)^F6,F5	$15.16	Apr 12, 2017	D	5,792	D	Feb 15, 2014	Feb 15, 2023	common stock	5,792	D

Explanation of responses

F1At the effective time of the merger with Danone S.A., each outstanding share of WhiteWave common stock automatically was converted into the right to receive the $56.25 merger consideration per share in cash.
F2At the effective time of the merger, each stock option was cancelled in exchange for a per share cash payment equal to the difference between the $56.25 merger consideration per share and the exercise price of the stock option.
F3Each restricted stock unit (RSU) respresents a right to settle in WhiteWave common stock on a one-for-basis.
F4At the effective time of the merger, each RSU was cancelled in exchange for a cash payment equal to the $56.25 merger consideration per share.
F5Each stock appreciation right (SAR) is the economic equivalent of one share of WhiteWave's common stock, and settles in cash based on the closing sales price of WhiteWave's commonon stock less the exercise price.
F6At the effective time of the merger, each SAR was cancelled in exchange for a per share cash payment equal to the difference between the $56.25 merger consideration per share and the exercise price of the SAR.

Remarks

On April 12, 2017, the merger of The WhiteWave Foods Company with a wholly-owned indirect subsidiary of Danone S.A. was completed. As a result and at the effective time of the merger, (i) each share of WhiteWave common stock that was issued and outstanding automatically was cancelled and converted into the right to receive $56.25 in cash, and (ii) each outstanding WhiteWave equity award was cancelled in exchange for cash consideration equal to $56.25 per share, less any applicable per share exercise price.