DEAN FOODS CO 4
4 · DEAN FOODS CO · Filed Nov 16, 2015
Insider Transaction Report
Form 4
Braun C Shay
SVP, Procurement &
Transactions
- Tax Payment
Common Stock
2015-11-12$19.06/sh−2,038$38,844→ 24,828 total - Exercise/Conversion
Restricted Stock Units (DU005812)
2015-11-12−7,449→ 14,899 totalExercise: $0.00From: 2015-11-12Exp: 2024-11-12→ Common Stock (7,449 underlying) - Exercise/Conversion
Common Stock
2015-11-12+7,449→ 26,866 total
Footnotes (3)
- [F1]The Reporting Person received a total of 7,449 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units (RSUs). A total of 2,038 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 5,411 net shares of Common Stock.
- [F2]The 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.
- [F3]This RSU award vests annually, on a pro rata basis, over a 3-year period.