DEAN FOODS CO 4
4 · DEAN FOODS CO · Filed Aug 16, 2016
Insider Transaction Report
Form 4
MCCUTCHEON S. CRAIG
SVP - Logistics
Transactions
- Exercise/Conversion
Common Stock
2016-08-13+1,087→ 4,328 total - Exercise/Conversion
Restricted Stock Units (DU005786)
2016-08-13−1,087→ 1,087 totalExercise: $0.00→ Common Stock (1,087 underlying) - Tax Payment
Common Stock
2016-08-13$17.47/sh−298$5,206→ 4,030 total
Footnotes (3)
- [F1]The Reporting Person received a total of 1,087 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units ("RSUs"). A total of 298 shares were surrendered to satisfy tax obligations of the Reporting Person, resulting in the issuance of a total of 789 net shares of Common Stock.
- [F2]The Reporting Person received an award of RSUs, which represents the right to receive shares of Common Stock of the Issuer in the future, subject to the terms and conditions of the related award agreement.
- [F3]This RSU award vests annually, on a pro rata basis, over a 3-year period beginning on the first anniversary date of the grant date.