SEC Form 4 · accession 0001209191-16-137207
DEAN FOODS CO · DF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S. Craig McCutcheon
Officer — SVP, Logistics
Period of report
Aug 13, 2016
Accepted (ET)
Aug 16, 2016 · 4:14 pm EDT
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 | Aug 13, 2016 | M | 1,087 | $0.00 | A | 4,328 | D | |
| Common StockF1 | Aug 13, 2016 | F | 298 | $17.47 | D | 4,030 | 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 (DU005786)F2,F1,F3 | $0.00 | Aug 13, 2016 | M | 1,087 | D | — | — | Common Stock | 1,087 | 1,087 | D |
Explanation of responses
- F1The Reporting Person received a total of 1,087 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units ("RSUs"). A total of 298 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 789 net shares of Common Stock.
- F2The Reporting Person 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.
- F3This RSU award vests annually, on a pro rata basis, over a 3-year period beginning on the first anniversary date of the grant date.