SEC Form 4 · accession 0001209191-16-099534
DEAN FOODS CO · DF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Bellairs
Officer — EVP & CFO
Period of report
Feb 13, 2016
Accepted (ET)
Feb 17, 2016 · 7:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 13, 2016 | M | 7,200 | $0.00 | A | 61,408 | D | |
| Common StockF1 | Feb 13, 2016 | F | 2,079 | $20.67 | D | 59,329 | D | |
| Common StockF2 | Feb 15, 2016 | M | 9,198 | $0.00 | A | 68,527 | D | |
| Common StockF2 | Feb 15, 2016 | F | 2,579 | $20.67 | D | 65,948 | D | |
| Common StockF3 | Feb 16, 2016 | M | 6,670 | $0.00 | A | 72,618 | D | |
| Common StockF3 | Feb 16, 2016 | F | 2,799 | $20.96 | D | 69,819 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (DU005759)F4,F1,F5 | $0.00 | Feb 13, 2016 | M | 7,200 | D | Feb 13, 2015 | Feb 13, 2024 | Common Stock | 7,200 | 7,200 | D |
| Restricted Stock Units (DU705736)F4,F2,F5 | $0.00 | Feb 15, 2016 | M | 9,198 | D | Feb 15, 2014 | Feb 15, 2023 | Common Stock | 9,198 | 0 | D |
| Restricted Stock Units (DU005818)F4,F3,F5 | $0.00 | Feb 16, 2016 | M | 6,670 | D | Feb 16, 2016 | Feb 16, 2025 | Common Stock | 6,670 | 13,341 | D |
Explanation of responses
- F1The Reporting Person received a total of 7,200 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units(RSUs). A total of 2,079 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 5,121 net shares of Common Stock.
- F2The Reporting Person received a total of 9,198 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of RSUs. A total of 2,579 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 6,619 net shares of Common Stock.
- F3The Reporting Person received a total of 6,670 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of RSUs. A total of 2,799 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 3,871 net shares of Common Stock.
- F4The Reporting Person previously received an award of RSUs, which represents the right to receive shares of Common Stock of the Issuer in the future, subject to the terms and conditions of the related award agreement.
- F5This RSU award vests annually, on a pro rata basis, over a 3-year period beginning on the first anniversary of the grant date.