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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
KIRK RONALD

(Last) (First) (Middle)
3700 TRAMMELL CROW CENTER
2001 ROSS AVENUE

(Street)
DALLAS TX 75201

(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)
03/30/2007
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 06/29/2007 A 1,019(1) A $0 12,678 D
Common Stock 06/30/2007 M 850(2) A $0 13,528 D
Common Stock 06/30/2007 M 399(2) A $0 13,927 D
Common Stock 06/30/2007 M 156(2) A $0 14,083 D
Common Stock 06/30/2007 M 73(2) A $0 14,156 D
Common Stock 06/30/2007 M 850(3) A $0 15,006 D
Common Stock 06/30/2007 M 399(3) A $0 15,405 D
Common Stock 06/30/2007 M 850(4) A $0 16,255 D
Common Stock 06/30/2007 M 399(4) A $0 16,654 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
Non-Qualified Stock Option (right to buy-DF002878) $18.1003(5) 06/30/2003(6) 06/30/2013 Common Stock 7,500 7,500 D
Non-Qualified Stock Option (right to buy-DV002206) $18.1003(5) 06/30/2003(6) 06/30/2013 Common Stock 3,521(5) 3,521(5) D
Non-Qualified Stock Option (right to buy-T0000783) $18.1003(5) 06/30/2003(6) 06/30/2013 Common Stock 1,382 1,382 D
Non-Qualified Stock Option (right to buy-DV002203) $18.1003(5) 06/30/2003(6) 06/30/2013 Common Stock 649(5) 649(5) D
Non-Qualified Stock Option (right to buy-DF003667) $21.4389(5) 06/30/2004(6) 06/30/2014 Common Stock 7,500 7,500 D
Non-Qualified Stock Option (right to buy-DV002201) $21.4389(5) 06/30/2004(6) 06/30/2014 Common Stock 3,521(5) 3,521(5) D
Non-Qualified Stock Option (right to buy-T0000793) $21.4389(5) 06/30/2004(6) 06/30/2014 Common Stock 1,382 1,382 D
Non-Qualified Stock Option (right to buy-DV002202 $21.4389(5) 06/30/2004(6) 06/30/2014 Common Stock 649(5) 649(5) D
Non-Qualified Stock Option (right to buy-DF905921) $23.9808(5) 06/30/2005(6) 06/30/2015 Common Stock 7,500 7,500 D
Non-Qualified Stock Option (right to buy-DV002204) $23.9808(5) 06/30/2005(6) 06/30/2015 Common Stock 3,521(5) 3,521(5) D
Non-Qualified Stock Option (right to buy-DF005294) $25.3078(5) 06/30/2006(6) 06/30/2016 Common Stock 7,500 7,500 D
Non-Qualified Stock Option (right to buy-DV002205) $25.3078(5) 06/30/2006(6) 06/30/2016 Common Stock 3,521(5) 3,521(5) D
Non-Qualified Stock Option (right to buy-) $31.87 06/29/2007 A 7,500 06/29/2007(6) 06/29/2017 Common Stock 7,500 $0 7,500 D
Restricted Stock Units (DU000111) $0 06/30/2007 M 850 06/30/2005(7) 06/30/2014 Common Stock 850 $0 0 D
Restricted Stock Units (DV005417) $0 06/30/2007 M 399 06/30/2005(7) 06/30/2014 Common Stock 399(8) $0 0 D
Restricted Stock Units (TU905759) $0 06/30/2007 M 156 06/30/2005(7) 06/30/2014 Common Stock 156 $0 0 D
Restricted Stock Units (DV005392) $0 06/30/2007 M 73 06/30/2005(7) 06/30/2014 Common Stock 73(8) $0 0 D
Restricted Stock Units (DF905932) $0 06/30/2007 M 850 06/30/2006(7) 06/30/2015 Common Stock 850 $0 850 D
Restricted Stock Units (DV005402) $0 06/30/2007 M 399 06/30/2006(7) 06/30/2015 Common Stock 399(8) $0 399(8) D
Restricted Stock Units (DU003820) $0 06/30/2007 M 850 06/30/2007(7) 06/30/2016 Common Stock 850 $0 1,700 D
Restricted Stock Units (DV005206) $0 06/30/2007 M 399 06/30/2007(7) 06/30/2016 Common Stock 399(8) $0 798(8) D
Restricted Stock Units $0 06/29/2007 A 2,550 06/29/2008 06/29/2017 Common Stock 2,550 $0 2,550 D
Explanation of Responses:
1. These are restricted shares issued under the Issuer's 1997 Stock Option and Restricted Stock Plan in payment of fees owed for services as an independent director. All such shares are subject to a three-year vesting period, with the first vesting occurring as of the date the shares were issued.
2. Represents shares of common stock of the Issuer vested on the third annual vesting date of a 06/30/2004 award of Restricted Stock Units ("RSUs").
3. Represents shares of common stock of the Issuer vested on the second annual vesting date of a 06/30/2005 award of RSUs.
4. Represents shares of common stock of the Issuer vested on the first annual vesting date of a 06/30/2006 award of RSUs.
5. Due to a special cash dividend of $15.00, paid by Issuer on April 2, 2007, to shareholders of record on March 27, 2007, the option exercise price and number of shares has been adjusted to maintain the value of the option award, post-dividend.
6. The options were automatically granted under the Issuer's 1997 Amended and Restated Stock Option and Restricted Stock Plan, and are fully vested and immediately exercisable upon grant.
7. The reporting person has received an award of Restricted Stock Units ("RSUs") which is a right to receive shares of common stock of the Issuer in the future, subject to the terms and conditions of the RSU Award Agreement. The RSUs vest annually, on a prorata basis, over a three-year period beginning on the first anniversary of the date of grant.
8. Due to a special cash dividend of $15.00, paid by Issuer on April 2, 2007, to shareholders of record on March 27, 2007, the number of shares has been adjusted to maintain the value of the RSU award, post-dividend.
Remarks:
Ron Kirk 07/03/2007
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.