SEC Form 4 · accession 0001209191-17-015469
DEAN FOODS CO · DF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt W Laufer
Officer — SVP, Chief Customer Officer
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 7:02 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 24, 2017 | A | 1,564 | $0.00 | A | 1,564 | 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 UnitsF2,F3,F4 | $0.00 | Feb 24, 2017 | A | 16,260 | A | — | — | Common Stock | 16,260 | 16,260 | D |
Explanation of responses
- F1These Performance Stock Units (PSUs) were awarded in May 2016 and earned upon certification by the Issuer's Compensation Committee of the achievement of performance targets on 2/24/2017. These PSUs will vest on 12/31/2018, subject to the continued employment of the Reporting Person with the Issuer through that date.
- F2The Reporting Person received an award of restricted stock units (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.
- F3RSUs convert into common stock on a one-for-one basis.
- F4This RSU award vests annually, on a pro rata basis, over a 3-year period.