Dollar General 2013 Annual Report Download - page 53

(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 18, 2013, 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 January 31, 2014.
(6) Represents performance share units, to be paid in an equal number of shares of our common stock, earned as a result of our performance
versus certain adjusted EBITDA and ROIC targets for fiscal 2012. These performance share units are scheduled to vest 50% on March 20,
2014 and 50% on March 20, 2015, 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 such units by the closing market price of one share
of our common stock on January 31, 2014.
(7) Represents performance share units, to be paid in an equal number of shares of our common stock, earned as a result of our performance
versus certain adjusted EBITDA and ROIC targets for fiscal 2013. These performance share units are scheduled to vest 50% on March 18,
2015 and 50% on March 18, 2016, 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 such units by the closing market price of one share
of our common stock on January 31, 2014.
(8) Represents restricted stock units, to be paid in an equal number of shares of our common stock, which are scheduled to vest in three equal
installments on each of the first three anniversaries of March 18, 2013, 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 such
units by the closing market price of one share of our common stock on January 31, 2014.
(9) 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
December 3, 2013, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon Termination or Change in
Control’’ below.
(10) These options vested on December 11, 2013.
(11) These options vested on January 31, 2014.
(12) These options are scheduled to vest on January 30, 2015 if we achieve a specific annual adjusted EBITDA-based target for fiscal 2014 or if
we achieve an applicable cumulative adjusted EBITDA-based target at the end of fiscal 2014. These options are subject to certain accelerated
vesting provisions as described in ‘‘Potential Payments upon Termination or Change in Control’’ below.
(13) These options are scheduled to vest on March 24, 2014, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments
upon Termination or Change in Control’’ below.
Option Exercises and Stock Vested During Fiscal 2013
Option Awards Stock Awards
Number of Number of
Shares Acquired Value Realized Shares Acquired Value Realized
on Exercise on Exercise on Vesting on Vesting
Name (#)(1) ($)(2) (#)(3) ($)(4)
Mr. Dreiling 496,296 21,317,154 4,696 264,479
Mr. Tehle — — 854 48,097
Mr. Vasos 226,290 10,380,244 854 48,097
Mr. Flanigan 113,856 4,088,426 854 48,097
Mr. Sparks — — 854 48,097
(1) Represents the gross number of option shares exercised, without deduction for shares that may
have been surrendered or withheld to satisfy the exercise price or applicable tax withholding
obligations.
(2) Value realized is calculated by multiplying the gross number of options exercised by the difference
between the closing market price of our common stock on the date of exercise and the exercise
price.
(3) Represents the gross number of shares acquired upon vesting of performance share units, without
deduction for shares that may have been withheld to satisfy applicable tax withholding obligations.
(4) Value realized is calculated by multiplying the gross number of shares vested by the closing market
price of our common stock on the vesting date.
41
Proxy