Duffin-Maxwell Kelly 4
4 · DEAN FOODS CO · Filed Nov 7, 2011
Insider Transaction Report
Form 4
Duffin-Maxwell Kelly
EVP, Research and Development
Transactions
- Exercise/Conversion
Common Stock
2011-11-03+2,211→ 20,532 total - Tax Payment
Common Stock
2011-11-03$10.06/sh−689$6,931→ 19,843 total - Exercise/Conversion
Restricted Stock Units (DU004956)
2011-11-03−2,211→ 2,211 totalExercise: $0.00From: 2011-11-03Exp: 2019-11-03→ Common Stock (2,211 underlying)
Footnotes (2)
- [F1]The reporting person received a total of 2,211 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units. A total of 689 shares were surrendered to satisfy tax obligations of the reporting person, resulting in the issuance of a total of 1,522 net shares of Common Stock.
- [F2]The reporting person has received an award of restricted stock units, which is the right to receive shares of Common Stock of the Issuer in the future, subject to the terms and conditions of the award agreement. The units have three year terms, vesting in two equal installments on each of the second and third anniversaries of the grant date.