Dollar General 2008 Annual Report Download - page 153

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Name
Fiscal 2007
($)
Fiscal 2006
($)
Fiscal 2005
($)
Fiscal 2004
($)*
Mr. Dreiling -- -- -- --
Mr. Bere 122,431 -- -- --
Mr. Tehle 117,642 102,104 84,387 3,333
Ms. Guion 98,597 61,503 43,168 57,689
Ms. Lanigan -- -- -- 42,976
Mr. Buley 92,323 89,392 4,792 --
Ms. Lowe 72,162 91,496 -- --
* Amounts for Mss. Guion and Lanigan represent the respective aggregate amounts previously reported in
the Summary Compensation Table contained in the proxy statement filed in calendar year 2005 with
respect to compensation in fiscal years 2002, 2003 and 2004.
Pursuant to the CDP, named executive officers may annually elect to defer up to 65% of
base salary if their compensation is in excess of the Internal Revenue Service limit set forth in
Section 401(a)(17) of the Internal Revenue Code of 1986, as amended (the “Internal Revenue
Code”), and up to 100% of bonus pay if their compensation equals or exceeds the Internal
Revenue Service highly compensated limit under Section 414(g)(1)(B) of the Internal Revenue
Code. We currently match base pay deferrals at a rate of 100%, up to 5% of annual salary, with
annual salary offset by the amount of match-eligible salary under the 401(k) plan. All named
executive officers are 100% vested in all compensation and matching deferrals and earnings on
those deferrals.
Pursuant to the SERP, we make an annual contribution equal to a certain percentage of a
participant's annual salary and bonus to all participants who are actively employed in an eligible
job grade on January 1 and continue to be employed as of December 31 of a given year. Persons
hired after May 27, 2008 (the “Eligibility Freeze Date”) are not eligible to participate in the
SERP. The contribution percentage is based on age, years of service and job grade. The fiscal
2008 contribution percentage for each eligible named executive officer was 7.5% for Mr. Bere,
Mr. Tehle and Ms. Guion and 4.5% for Ms. Lanigan. Mr. Buley and Ms. Lowe were not eligible
for a fiscal 2008 contribution due to their employment separations prior to December 31, 2008.
Mr. Dreiling was not eligible for a fiscal 2008 contribution because he was not employed by us
as of January 1, 2008.
As a result of the Merger, which constituted a change-in-control under the CDP/SERP
Plan, all previously unvested SERP amounts vested on July 6, 2007. For newly eligible SERP
participants after July 6, 2007 but prior to the Eligibility Freeze Date, SERP amounts vest at the
earlier of the participant's attainment of age 50 or the participant's being credited with 10 or more
"years of service", or upon termination of employment due to death or "total and permanent
disability" or upon a “change-in-control”, all as defined in the CDP/SERP Plan.