DEAN FOODS CO 4
4 · DEAN FOODS CO · Filed Feb 20, 2014
Insider Transaction Report
Form 4
Devine Martin J
Chief Operating Officer,
Transactions
- Exercise/Conversion
Common Stock
2014-02-18+5,479→ 30,682 total - Exercise/Conversion
Restricted Stock Units (DU705632)
2014-02-18−5,479→ 0 totalExercise: $0.00From: 2012-02-18Exp: 2021-02-18→ Common Stock (5,479 underlying) - Tax Payment
Common Stock
2014-02-18$14.29/sh−1,370$19,577→ 29,312 total
Footnotes (3)
- [F1]The reporting person received a total of 5,479 shares of Common Stock of the Issuer pursuant to the vesting provisions in the award of restricted stock units. A total of 1,370 shares were surrendered to satisfy tax obligations of the reporting person, resulting in the issuance of a total of 4,109 net shares of Common Stock.
- [F2]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.
- [F3]The reporting person has 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 restricted stock units vest annually, on a pro rata basis, over a three year period beginning on the first anniversary date of the grant.