Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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Filed By
Romeo and Dye's
Section 16 Filer
www.section16.net

1. Name and Address of Reporting Person*

Engles, Gregg L.

2. Issuer Name and Ticker or Trading Symbol
Dean Foods Company (DF)

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
X Director                                       10% Owner
X Officer (give title below)          Other (specify below)

Chairman of the Board and Chief Executive Officer 

(Last)      (First)     (Middle)

2515 McKinney Avenue, Suite 1200
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
February 10, 2003

(Street)

Dallas, TX 75201

5. If Amendment,
Date of Original
(Month/Day/Year)
 		 7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
    Form filed by More than One Reporting Person

(City)     (State)     (Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship 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

02/10/03

 

J

 

67,478

A

$32.130(1)

1,149,490

D

 
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).

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FORM 4 (continued)

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. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Incentive Stock Option

$17.6875

 

 

 

 

 

 

01/29/00

01/29/09

Common Stock

16,800

 

16,800

D

 

Incentive Stock Option

$21.5625

 

 

 

 

 

 

01/22/02

01/22/11

Common Stock

9,316

 

9,316

D

 

Incentive Stock Option

$30.5250

 

 

 

 

 

 

01/14/03

01/14/12

Common Stock

3,276

 

3,276

D

 

Non-Qualified Stock Option

$14.6250

 

 

 

 

 

 

05/13/98

05/13/07

Common Stock

600,000

 

600,000

D

 

Non-Qualified Stock Option

$17.1250

 

 

 

 

 

 

06/04/00

06/04/09

Common Stock

114,000

 

114,000

D

 

Non-Qualified Stock Option

$17.6875

 

 

 

 

 

 

01/29/00

01/29/09

Common Stock

163,200

 

163,200

D

 

Non-Qualified Stock Option

$18.7188

 

 

 

 

 

 

01/04/01

04/04/10

Common Stock

330,000

 

330,000

D

 

Non-Qualified Stock Option

$21.5625

 

 

 

 

 

 

01/22/02

01/22/11

Common Stock

390,684

 

390,684

D

 

Non-Qualified Stock Option

$29.2500

 

 

 

 

 

 

01/02/99

01/02/08

Common Stock

240,000

 

240,000

D

 

Non-Qualified Stock Option

$30.5250

 

 

 

 

 

 

01/14/03

01/14/12

Common Stock

696,724

 

696,724

D

 

Explanation of Responses:

(1) Shares were purchased with bonus dollars deferred pursuant to the Company's Executive Deferred Compensation Plan at a 15% discount off the market price at the time of purchase. Shares are subject to restrictions as described in the plan and are subject to vesting over a two year period beginning on the first anniversary of the purchase date.
  By: /s/ Gregg L. Engles
              
**Signature of Reporting Person		 February 12, 2003
Date

**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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