SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TURNER JIM L

(Last)

(First)

(Middle)

JLT BEVERAGES L.P.

5950 SHERRY LANE STE 370

(Street)

DALLAS

75225

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DEAN FOODS CO [ DF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/19/2012

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/19/2012		M		19,578⁽¹⁾	A	$14.2351	329,270	D
Common Stock	06/19/2012		F		16,882⁽¹⁾	D	$16.51	312,388	D
Common Stock	06/19/2012		M		19,578⁽¹⁾	A	$14.2351	87,141	I	by Spouse.⁽²⁾
Common Stock	06/19/2012		F		16,882⁽¹⁾	D	$16.51	70,259	I	by Spouse.⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy DF902174)	$14.2351	06/19/2012		M			11,250	07/01/2002⁽³⁾	07/01/2012	Common Stock	11,250	$0	0	D
Non-Qualified Stock Option (right to buy T0000760)	$14.2351	06/19/2012		M			2,073	07/01/2002⁽³⁾	07/01/2012	Common Stock	2,073	$0	0	D
Non-Qualified Stock Option (right to buy DV003980)	$14.2351	06/19/2012		M			5,282	07/01/2002⁽³⁾	07/01/2012	Common Stock	5,282	$0	0	D
Non-Qualified Stock Option (right to buy DV003975)	$14.2351	06/19/2012		M			973	07/01/2002⁽³⁾	07/01/2012	Common Stock	973	$0	0	D
Non-Qualified Stock Option (right to buy DF002174)	$14.2351	06/19/2012		M			11,250	07/01/2002⁽³⁾	07/01/2012	Common Stock	11,250	$0	0	I	Spouse
Non-Qualified Stock Option (right to buy T0000759)	$14.2351	06/19/2012		M			2,073	07/01/2002⁽³⁾	07/01/2012	Common Stock	2,073	$0	0	I	Spouse
Non-Qualified Stock Option (right to buy DV003998)	$14.2351	06/19/2012		M			5,282	07/01/2002⁽³⁾	07/01/2012	Common Stock	5,282	$0	0	I	Spouse
Non-Qualified Stock Option (right to buy DV003991)	$14.2351	06/19/2012		M			973	07/01/2002⁽³⁾	07/01/2012	Common Stock	973	$0	0	I	Spouse

Explanation of Responses:

1. The reporting person exercised options totalling 19,578 shares of Common Stock of the Issuer A total of 16,882 shares were surrendered to satisfy the exercise price of such options and taxes associated with such exercise, resulting in the issuance of a total of 2,696 net shares of Common Stock.

2. The reporting person disclaims beneficial ownership of all shares not directly owned by him.

3. The options are fully vested and immediately exercisable upon grant.

Remarks:

	Katherine K. Connell, Attorney-In-Fact	06/21/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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