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*
Tanner Gregg A

(Last) (First) (Middle)
2711 NORTH HASKELL AVENUE
SUITE 3400

(Street)
DALLAS TX 75204

(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
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2014
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 12/01/2014 M 5,775(1) A $0 188,276 D
Common Stock 12/01/2014 F 2,423(1) D $17.03 185,853 D
Common Stock 12/01/2014 M 17,326(2) A $0 203,179 D
Common Stock 12/01/2014 F 7,269(2) D $17.03 195,910 D
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
Restricted Stock Units $0 12/01/2014 A 5,775(3) 12/01/2015(4) 12/01/2024 Common Stock 5,775 $0 5,775 D
Restricted Stock Units $0 12/01/2014 A 17,326(5) 12/01/2015(4) 12/01/2024 Common Stock 17,326 $0 17,326 D
Restricted Stock Units (DU005756) $0 12/01/2014 M 5,775(1) 12/01/2014(6) 12/01/2023 Common Stock 5,775(1) $0 0 D
Restricted Stock Units (DU005757) $0 12/01/2014 M 17,326(2) 12/01/2014(6) 12/01/2023 Common Stock 17,326(2) $0 0 D
Explanation of Responses:
1. The reporting person received a total of 5,775 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units. A total of 2,423 shares were surrendered to satisfy tax obligations of the reporting person, resulting in the issuance of a total of 3,352 net shares of Common Stock.
2. The reporting person received a total of 17,326 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units. A total of 7,269 shares were surrendered to satisfy tax obligations of the reporting person, resulting in the issuance of a total of 10,057 net shares of Common Stock.
3. This award of restricted stock units was approved by the Compensation Committee on November 6, 2007. These restricted stock units have been adjusted (a) to preserve the intrinsic value of awards existing prior to the spin-off of a portion of the Issuer's ownership interest in The WhiteWave Foods Company on May 23, 2013; and (b) to reflect the reverse stock split on August 26, 2013.
4. On December 1, 2014, the reporting person 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 vest on the first anniversary of the grant date.
5. This award of restricted stock units was approved by the Compensation Committee on October 6, 2010. These restricted stock units have been adjusted (a) to preserve the intrinsic value of awards existing prior to the spin-off of a portion of the Issuer's ownership interest in The WhiteWave Foods Company on May 23, 2013; and (b) to reflect the reverse stock split on August 26, 2013.
6. On December 1, 2013, the reporting person 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 vest on the first anniversary of the grant date.
Remarks:
Carman M. Callahan, Attorney-in-Fact 12/03/2014
** 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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