DEAN FOODS CO|4Feb 28, 6:46 PM ET

DEAN FOODS CO 4

4 · DEAN FOODS CO · Filed Feb 28, 2017

Form 4

Period: 2017-02-24

SVP, Field Sales

Transactions

Award
Common Stock
2017-02-24+1,173→ 5,767 total
Exercise/Conversion
Common Stock
2017-02-26+3,888→ 9,655 total
Tax Payment
Common Stock
2017-02-26$18.45/sh−1,043$19,243→ 8,612 total
Award
Restricted Stock Units
2017-02-24+14,228→ 14,228 total
Exercise: $0.00→ Common Stock (14,228 underlying)
Exercise/Conversion
Restricted Stock Units (du005863)
2017-02-26−3,888→ 7,776 total
Exercise: $0.00→ Common Stock (3,888 underlying)

Footnotes (6)

[F1]These Performance Stock Units (PSUs) were awarded in February 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.
[F2]The Reporting Person received a total of 3,888 shares of Common Stock of the Issuer pursuant to the vesting of restricted stock units (RSUs). A total of 1,043 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 2,845 net shares of Common Stock.
[F3]The 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.
[F4]RSUs convert into common stock on a one-for-one basis.
[F5]This RSU award vests annually, on a pro rata basis, over a 3-year period.
[F6]These RSUs were awarded on 2/26/2016. The award vests annually, on a pro rata basis, over a 3-year period.

Documents

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