Dollar General 2012 Annual Report Download - page 50

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Proxy
Outstanding Equity Awards at 2012 Fiscal Year-End
The table below sets forth information regarding awards granted under our Amended and
Restated 2007 Stock Incentive Plan and held by our named executive officers as of the end of fiscal
2012. The $7.9975 exercise prices set forth in the table below reflect an adjustment made in connection
with a special dividend paid to our shareholders in September 2009 to reflect the effects of such
dividend on such options, as required by the terms of such options. In October 2009, we completed a
reverse split of 1 share for each 1.75 shares of common stock outstanding. The exercise prices of, and
number of shares outstanding under, our equity awards existing at the time of the reverse stock split
were retroactively adjusted to reflect the reverse split and are reflected below.
Option Awards Stock Awards
Equity
Equity Incentive Plan
Equity Incentive Awards:
Incentive Plan Awards: Market or
Plan Awards: Market Number of Payout Value
Number of Number of Number of Number of Value of Unearned of Unearned
Securities Securities Securities Shares or Shares or Shares, Units Shares, Units
Underlying Underlying Underlying Units of Units of or Other or Other
Unexercised Unexercised Unexercised Option Stock That Stock That Rights That Rights That
Options Options Unearned Exercise Option Have Not Have Not Have Not Have Not
(#) (#) Options Price Expiration Vested Vested Vested Vested
Name Exercisable Unexercisable (#) ($) Date (#) ($) (#) ($)
Mr. Dreiling 285,714(1) — — 7.9975 07/06/2017 — — — —
222,235(2) — — 7.9975 07/06/2017 — — — —
100,000(3) — — 29.38 04/23/2020 — — — —
— 228,226(4) — 45.25 03/20/2022 — — — —
— — — — — — — 326,037(5) 15,088,992(5)
— — — — — 26,184(6) 1,211,796(6) — —
Mr. Tehle — 37,440(4) — 45.25 03/20/2022 — — — —
— — — — — 4,294(6) 198,726(6) — —
Mr. Vasos 50,000(1) 50,000(1) — 7.9975 12/19/2018 — — — —
84,623(7) — 41,667(7) 7.9975 12/19/2018 — — — —
— 37,440(4) — 45.25 03/20/2022 — — — —
— — — — — 4,294(6) 198,726(6) — —
Ms. Lanigan — 37,440(4) — 45.25 03/20/2022 — — — —
— — — — — 4,294(6) 198,726(6) — —
Mr. Sparks — 37,440(4) — 45.25 03/20/2022 — — — —
— — — — — 4,294(6) 198,726(6) — —
(1) These options are part of a grant of time-based options which vested or are scheduled to vest 20% per year on each of the first five
anniversaries of (a) July 6, 2007 (in the case of all listed officers other than Mr. Vasos) or (b) December 1, 2008 (in the case of
Mr. Vasos), subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon Termination or Change in
Control’’ below.
(2) These options are part of a grant of performance-based options which vested 20% per year on each of February 1, 2008,
January 30, 2009, January 29, 2010, January 28, 2011 and February 3, 2012, as a result of our achievement of annual adjusted
EBITDA-based targets for the applicable fiscal year.
(3) These options vested on April 23, 2011.
(4) These options are part of a grant of time-based options which are scheduled to vest 25% per year on each of the first four
anniversaries of March 20, 2012, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon
Termination or Change in Control’’ below.
(5) Represents performance-based restricted stock scheduled to vest 50% on each of the dates on which it is determined that the
applicable earnings per share target has been achieved for the fiscal year ending January 30, 2015 and the fiscal year ending
January 29, 2016, respectively, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon
Termination or Change in Control’’ below. The market value was computed by multiplying the number of shares of such restricted
stock by the closing market price of one share of our common stock on February 1, 2013.
(6) Represents performance share units, to be paid in an equal number of shares of our common stock, earned as a result of our
achievement of adjusted EBITDA and ROIC targets for fiscal 2012. These performance share units are scheduled to vest 50% on
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