Dollar General 2010 Annual Report Download - page 50
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Proxy
(4) Represents the aggregate grant date fair value of stock options awarded to the named executive officer, computed in
accordance with FASB ASC Topic 718. For stock options that are subject to performance conditions, the value at the
grant date assumes that the performance conditions will be achieved. For information regarding the assumptions
made in the valuation of these awards, see Note 11 of the annual consolidated financial statements included in our
2010 Form 10-K.
(5) Represents a grant of a time-based, non-qualified stock option under the 2007 Stock Incentive Plan made in
connection with the renewal of Mr. Dreiling’s employment contract. The option is scheduled to vest in full on
April 23, 2011.
(6) Represents grants of time-based, non-qualified stock options under the 2007 Stock Incentive Plan made in
connection with the promotion of each of Messrs. Flanigan and Ravener. These options are scheduled to become
exercisable ratably in installments of 25% on March 24, 2011, March 24, 2012, March 24, 2013 and March 24, 2014.
In addition, these options are subject to certain accelerated vesting provisions as described in ‘‘Potential Payments
upon Termination or Change in Control’’ below. As a condition to the exercise of this award, Mr. Flanigan was
required to purchase a minimum of $158,299 of our common stock from us under the 2007 Stock Incentive Plan.
Mr. Ravener had already satisfied his minimum investment requirement prior to receiving this award.
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