Dollar General 2007 Annual Report Download - page 137

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135
(6) Represents pre-Merger grants of time-vested, non-qualified stock options under the 1998 Stock Incentive Plan which became fully vested in
connection with the Merger. The per share exercise price equals the closing market price of our common stock on the grant date.
(7) Represents Rollover Options which are governed by the terms of the 1998 Stock Incentive Plan. The per share exercise price equals the
exercise price of the original surrendered option (which was the closing market price of our common stock on the grant date) as adjusted to
reflect our capitalization immediately following the Merger. As described in the narrative before this Grants of Plan-Based Awards Table,
the NEOs paid the following consideration for the Rollover Options: Mr. Beré, $182,675; Mr. Tehle, $720,034; Mr. Buley, $754,868; Ms.
Guion, $497,956; and Ms. Lowe, $396,380. Because we will not recognize any compensation expense in connection with the Rollover
Options on a going forward basis, we have not determined the grant date fair values of those options in accordance with SFAS 123R, but
rather have disclosed their intrinsic values (equal to the difference between the fair market value of the common stock and the per share
exercise price of the Rollover Options multiplied by the number of shares underlying such Rollover Options) which we believe would not
be materially different from the SFAS 123R grant date fair value.
Outstanding Equity Awards at 2007 Fiscal Year-End
The table below sets forth information regarding outstanding equity awards held by our
NEOs as of the end of fiscal 2007.