DEAN FOODS CO 4
4 · DEAN FOODS CO · Filed Feb 28, 2017
Insider Transaction Report
Form 4
LAUFER KURT W
SVP, Chief Customer Officer
Transactions
- Award
Common Stock
2017-02-24+1,564→ 1,564 total - Award
Restricted Stock Units
2017-02-24+16,260→ 16,260 totalExercise: $0.00→ Common Stock (16,260 underlying)
Footnotes (4)
- [F1]These 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.
- [F2]The 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.
- [F3]RSUs convert into common stock on a one-for-one basis.
- [F4]This RSU award vests annually, on a pro rata basis, over a 3-year period.