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 TX 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)
03/13/2013
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)
Code V Amount (A) or (D) Price
Common Stock 03/13/2013 M 6,526(1) A $18.1003 328,867 D
Common Stock 03/13/2013 F 6,493(1) D $18.2 322,374 D
Common Stock 03/13/2013 M 8,851(2) A $14.56 331,225 D
Common Stock 03/13/2013 F 7,081(2) D $18.2 324,144 D
Common Stock 03/13/2013 M 15,023(3) A $10.35 339,167 D
Common Stock 03/13/2013 F 8,544(3) D $18.2 330,623 D
Common Stock 03/13/2013 M 14,469(4) A $12.07 345,092 D
Common Stock 03/13/2013 F 9,596(4) D $18.2 335,496 D
Common Stock 70,259 I by Spouse(5)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy DF902883) $18.1003 03/13/2013 M 3,750 06/30/2003(6) 06/30/2013 Common Stock 3,750 $0 0 D
Non-Qualified Stock Option (right to buy DV003973) $18.1003 03/13/2013 M 324 06/30/2003(6) 06/30/2013 Common Stock 324 $0 0 D
Non-Qualified Stock Option (right to buy DV003981) $18.1003 03/13/2013 M 1,761 06/30/2003(6) 06/30/2013 Common Stock 1,761 $0 0 D
Non-Qualified Stock Option (right to buy T0001026) $18.1003 03/13/2013 M 691 06/30/2003(6) 06/30/2013 Common Stock 691 $0 0 D
Non-Qualified Stock Option (right to buy DF007269) $14.56 03/13/2013 M 8,851 02/12/2010(6) 02/12/2020 Common Stock 8,851 $0 0 D
Non-Qualified Stock Option (right to buy DF007333) $10.35 03/13/2013 M 15,023 02/18/2011(6) 02/18/2021 Common Stock 15,023 $0 0 D
Non-Qualified Stock Option (right to buy DF007385) $12.07 03/13/2013 M 14,469 02/17/2012(6) 02/17/2022 Common Stock 14,469 $0 0 D
Explanation of Responses:
1. The reporting person exercised options totaling 6,526 shares of Common Stock of the Issuer. A total of 6,493 shares were surrendered to satisfy the exercise price of such options associated with such exercise, resulting in the issuance of a total of 33 net shares of Common Stock.
2. The reporting person exercised options totaling 8,851 shares of Common Stock of the Issuer. A total of 7,081 shares were surrendered to satisfy the exercise price of such options associated with such exercise, resulting in the issuance of a total of 1,770 net shares of Common Stock.
3. The reporting person exercised options totaling 15,023 shares of Common Stock of the Issuer. A total of 8,544 shares were surrendered to satisfy the exercise price of such options associated with such exercise, resulting in the issuance of a total of 6,479 net shares of Common Stock.
4. The reporting person exercised options totaling 14,469 shares of Common Stock of the Issuer. A total of 9,596 shares were surrendered to satisfy the exercise price of such options associated with such exercise, resulting in the issuance of a total of 4,873 net shares of Common Stock.
5. The reporting person disclaims beneficial ownership of all shares not directly owned by him.
6. The options are fully vested and immediately exercisable upon grant.
Remarks:
Carman M. Callahan, Attorney-In-Fact 03/15/2013
** 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).
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