Dollar General 2014 Annual Report Download - page 53

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(3) These options are part of a grant of time-based options which vested or 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.
(4) These options are part of a grant of time-based options which vested or 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) 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, 2014, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon
Termination or Change in Control’’ below.
(6) 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 ended 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 30, 2015.
(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 2012. These performance share units are scheduled to
vest 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 30, 2015.
(8) 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 30, 2015.
(9) 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 2014. These performance share units are scheduled to
vest 50% on March 18, 2016 and 50% on March 18, 2017, 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 30, 2015.
(10) Represents restricted stock units, to be paid in an equal number of shares of our common stock, which 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 30, 2015.
(11) Represents restricted stock units, to be paid in an equal number of shares of our common stock, which vested or are scheduled to
vest in three equal installments on each of the first three anniversaries of March 18, 2014, 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 30, 2015.
(12) These options are part of a grant of time-based options which vested or 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.
Option Exercises and Stock Vested During Fiscal 2014
We have omitted from this table the Option Awards columns because they are inapplicable.
Stock Awards
Number of
Shares Acquired on Vesting Value Realized on Vesting
Name (#)(1) ($)(2)
Mr. Dreiling 34,657 2,090,635
Mr. Tehle 5,974 360,371
Mr. Vasos 6,574 400,607
Mr. D’Arezzo 1,653 110,850
Mr. Sparks 5,974 360,371
(1) Represents the gross number of shares acquired upon vesting of performance share units and restricted stock
units, without deduction for shares that may have been withheld to satisfy applicable tax withholding obligations.
(2) 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.
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