Dollar General 2014 Annual Report Download - page 48

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Proxy
Summary Compensation Table
The following table summarizes compensation paid to or earned by our named executive
officers in each of the 2014, 2013 and 2012 fiscal years. We have omitted from this table the columns
for Bonus and Change in Pension Value and Nonqualified Deferred Compensation Earnings because
they are inapplicable.
Non-Equity
Incentive
Stock Option Plan All Other
Salary Awards Awards Compensation Compensation Total
Name and Principal Position(1) Year ($)(2) ($)(3) ($)(4) ($)(5) ($) ($)
Richard W. Dreiling, 2014 1,323,789 3,503,208 2,790,016 1,465,747 681,392(6) 9,764,152
Chairman & 2013 1,291,515 3,440,634 2,059,459 855,567 7,647,175
Chief Executive Officer 2012 1,235,626 16,554,441 3,091,549 1,591,956 686,688 23,160,260
David M. Tehle, 2014 727,140 602,090 479,529 402,558 136,438(7) 2,347,755
Executive Vice President & 2013 709,413 625,574 374,452 172,598 1,882,037
Chief Financial Officer 2012 677,136 295,483 507,162 436,209 191,915 2,107,905
Todd J. Vasos, 2014 765,342 821,048 653,913 521,486 67,422(8) 2,829,211
Chief Operating Officer 2013 699,549 625,574 422,846 72,464 1,820,433
2012 654,617 295,483 507,162 421,698 76,435 1,955,395
David W. D’Arezzo, 2014 663,297 602,090 479,529 367,213 274,737(9) 2,386,866
Executive Vice President &
Chief Merchandising Officer
Gregory A. Sparks, 2014 635,676 602,090 479,529 351,922 56,960(10) 2,126,177
Executive Vice President, 2013 620,178 625,574 374,452 300,228 1,920,432
Store Operations 2012 523,618 295,483 507,162 338,643 65,404 1,730,310
(1) Mr. Vasos was promoted to Chief Operating Officer in November 2013. Mr. D’Arezzo joined Dollar General
in November 2013 but was not a named executive officer for 2013 or 2012. Mr. Sparks joined Dollar General
in March 2012. Messrs. Dreiling and Tehle have announced their intention to retire on January 29, 2016 and
July 1, 2015, respectively.
(2) Each named executive officer deferred under the CDP a portion of his salary earned in each of the fiscal
years for which salaries are reported above for the applicable named executive officer, except for Mr. Sparks
who deferred a portion of his salary earned in fiscal years 2014 and 2013 but not fiscal year 2012. Except for
Mr. D’Arezzo, each named executive officer contributed to our 401(k) Plan a portion of his salary earned in
each of the fiscal years for which salaries are reported above for the applicable named executive officer. The
amounts of the fiscal 2014 salary deferrals under the CDP are included in the Nonqualified Deferred
Compensation Table.
(3) The amounts reported represent the respective aggregate grant date fair value of performance share units
awarded to the applicable named executive officer in fiscal 2014, fiscal 2013 and fiscal 2012, the aggregate
grant date fair value of the performance-based restricted stock awarded to Mr. Dreiling in fiscal 2012 and the
aggregate grant date fair value of the restricted stock units awarded to each named executive officer in fiscal
2014 and fiscal 2013, in each case computed in accordance with FASB ASC Topic 718. The performance share
units and the performance-based restricted stock are subject to performance conditions, and the reported
value at the grant date is based upon the probable outcome of such conditions on such date. The values of
the awards at the grant date assuming that the highest level of performance conditions will be achieved are as
follows: $5,268,189, $3,431,879, and $3,602,534 for Mr. Dreiling’s performance share units granted in fiscal
2014, fiscal 2013 and fiscal 2012, respectively, $14,753,174 for Mr. Dreiling’s performance-based restricted
stock, $1,234,699 for the performance share units granted to Mr. Vasos in fiscal 2014, $905,481 for the
performance share units granted to each of Messrs. Tehle, D’Arezzo and Sparks in fiscal 2014, and $623,987
and $590,965 for the performance share units granted to each of Messrs. Tehle, Vasos, and Sparks in fiscal
36