Sec Form 4 Filing - GREISINGER JAMES R @ DEAN FOODS CO/ - 2004-02-26

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, 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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1. Name and Address of Reporting Person GREISINGER JAMES R 2. Issuer Name and Ticker or Trading Symbol DEAN FOODS CO/ [ DF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President, Dean Specialty (Last) (First) (Middle) 857-897 SCHOOL PLACE 3. Date of Earliest Transaction (MM/DD/YY) 02/26/2004 (Street) GREEN BAY, WI54307 4. If Amendment, Date Original Filed (MM/DD/YY) 6. 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. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/26/2004 M V 20,086 A $ 20.35 45,127 D Common Stock 02/26/2004 M V 5,000 A $ 20.35 50,127 D Common Stock 02/26/2004 M V 22,500 A $ 24.7933 72,627 D Common Stock 02/26/2004 S 20,086 D $ 35.1 52,541 D Common Stock 02/26/2004 S 2,014 D $ 35.1 50,527 D Common Stock 02/26/2004 S 786 D $ 35.17 49,741 D Common Stock 02/26/2004 S 4,600 D $ 35 45,141 D Common Stock 02/26/2004 S 2,100 D $ 35.08 43,041 D Common Stock 02/26/2004 S 4,400 D $ 35.09 38,641 D Common Stock 02/26/2004 S 6,700 D $ 35.1 31,941 D Common Stock 02/26/2004 S 400 D $ 35.11 31,541 D Common Stock 02/26/2004 S 5,800 D $ 35.12 25,741 D Common Stock 02/26/2004 S 100 D $ 35.14 25,641 D Common Stock 02/26/2004 S 600 D $ 35.15 25,041 D

Non-Qualified Stock Option (right to buy) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Incentive Stock Option (right to buy) $ 13.24 12/21/2001( 1 ) 10/04/2004 Common Stock 9,870 0 D Incentive Stock Option (right to buy) $ 12.47 12/21/2001( 1 ) 07/27/2005 Common Stock 8,685 0 D Incentive Stock Option (right to buy) $ 10.1367 12/21/2001( 1 ) 07/26/2006 Common Stock 6,486 0 D Incentive Stock Option (right to buy) $ 16.8433 12/21/2001( 1 ) 05/27/2007 Common Stock 5,526 5,526 D Incentive Stock Option (right to buy) $ 20.35 01/14/2003( 2 ) 01/14/2012 Common Stock 9,828 9,828 ( 3 ) D $ 20.35 02/26/2004 M V 20,086 01/14/2003( 2 ) 01/14/2012 Common Stock 20,086 $ 20.35 0 ( 4 ) D Non-Qualified Stock Option (right to buy) $ 20.35 02/26/2004 M V 5,000 01/14/2003( 2 ) 01/14/2012 Common Stock 5,000 $ 20.35 0 ( 5 ) D Non-Qualified Stock Option (right to buy) $ 24.7933 02/26/2004 M V 22,500 01/06/2004( 2 ) 01/06/2013 Common Stock 22,500 $ 24.7933 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other GREISINGER JAMES R 857-897 SCHOOL PLACE GREEN BAY, WI54307 President, Dean Specialty Signatures James R. Greisinger 03/01/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares of common stock subject to the Option are fully vested and exercisable. ( 2 )The shares of common stock subject to the Option shall vest ratably in three equal increments commencing on the first anniversary of the grant date. ( 3 )The Reporting Person forfeited 4,914 shares due to his resignation effective January 31, 2004 ( 4 )The Reporting Person forfeited 20,086 shares due to his resignation effective January 31, 2004 ( 5 )The Reporting Person forfeited 5,000 shares due to his resignation effective January 31, 2004

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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