Dollar General 2015 Annual Report Download - page 47

Proxy
grant date assuming that the highest level of performance conditions will be achieved are as follows for each fiscal year
required to be reported for each applicable named executive officer:
Fiscal Mr. Vasos Mr. Dreiling Mr. Garratt Mr. Tehle Mr. Flanigan Mr. Ravener Ms. Taylor Mr. Sparks
Year ($) ($) ($) ($) ($) ($) ($) ($)
2015 1,212,033 N/A 270,561 888,794 888,794 888,794 888,794 888,794
2014 1,234,699 5,268,189 N/A 905,481 905,481 N/A N/A 905,481
2013 623,987 3,431,879 N/A 623,987 623,987 N/A N/A 623,987
Information regarding the assumptions made in the valuation of these awards is set forth in Note 10 of the annual
consolidated financial statements in our 2015 Form 10-K.
(4) The amounts reported represent the respective aggregate grant date fair value of stock options awarded to the applicable
named executive officer in the fiscal year indicated, computed in accordance with FASB ASC Topic 718. Information
regarding assumptions made in the valuation of these awards is set forth in Note 10 of the annual consolidated financial
statements in our 2015 Form 10-K.
(5) Represents amounts earned pursuant to our Teamshare bonus program for each fiscal year reported. See the discussion of
the ‘‘Short-Term Cash Incentive Plan’’ and ‘‘CEO Employment Transition Agreement’’ in ‘‘Compensation Discussion and
Analysis’’ above. None of the named executive officers deferred any portion of the Teamshare bonus payments reported
above under the CDP.
(6) Includes $32,115 and $14,167, respectively, for our match contributions to the CDP and the 401(k) Plan; $1,306 for
premiums paid under our life insurance program; and $51,953 which represents the aggregate incremental cost of providing
certain perquisites, including $21,470 for personal security services for a limited duration, $19,514 for financial and estate
planning services, $5,000 for the reimbursement of legal expenses incurred in connection with the negotiation of his
employment agreement and other amounts for perquisites which individually did not equal or exceed the greater of $25,000
or 10% of total perquisites, including premiums paid under our group long-term disability program, costs associated with
attendance by him and his guests at sporting events, miscellaneous gifts, nominal incremental costs incurred for a guest to
accompany him on business and an administrative fee for coverage under our short-term disability program, as well as
participation in a group umbrella liability insurance program offered at no incremental cost to Dollar General through a
third party vendor at a group rate paid by the executive and coverage under our business travel accident insurance for
which Dollar General incurs no incremental cost for participation by the named executive officers in addition to certain
other employees.
(7) Includes $268,303 for our contribution to the SERP and $54,675 and $13,690, respectively, for our match contributions to
the CDP and the 401(k) Plan; $1,692 for premiums paid under our life insurance program; $143,456 for cash dividends
accumulated on shares of unvested restricted stock that were ultimately forfeited with the shares of unvested restricted
stock upon Mr. Dreiling’s retirement; and $122,771 which represents the aggregate incremental cost of providing certain
perquisites, including $79,539 for costs associated with personal airplane usage, $19,437 for costs associated with financial
and estate planning services, $12,118 for a retirement gift, $8,417 for premiums paid under a personal portable long-term
disability policy, and other amounts for perquisites which individually did not equal or exceed the greater of $25,000 or
10% of total perquisites, including premiums paid under our group long-term disability program, costs associated with
attendance by him and his guests at sporting events, miscellaneous gifts and an administrative fee for coverage under our
short-term disability program, as well as participation in a group umbrella liability insurance program which is offered at no
incremental cost to Dollar General through a third party vendor at a group rate paid by the executive and coverage under
our business travel accident insurance for which Dollar General incurs no incremental cost for participation by the named
executive officers in addition to certain other employees. The aggregate incremental cost related to the personal airplane
usage was calculated using costs we would not have incurred but for the personal usage (including costs incurred as a result
of ‘‘deadhead’’ legs of personal flights), including fuel costs, variable maintenance costs, crew expenses, landing, parking and
other associated fees, supplies and catering costs.
(8) Includes $1,979 for our match contributions to the 401(k) Plan; $7,080 for tax gross-ups related to relocation; $478 for
premiums paid under our life insurance program; and $56,613 which represents the aggregate incremental cost of providing
certain perquisites, including $53,672 for costs associated with relocation and other amounts for perquisites which
individually did not equal or exceed the greater of $25,000 or 10% of total perquisites, including premiums paid under our
group long-term disability program, costs associated with attendance by him and his guests at sporting events, miscellaneous
gifts and an administrative fee for coverage under our short-term disability program, as well as coverage under our business
travel accident insurance for which Dollar General incurs no incremental cost for participation by the named executive
officers in addition to certain other employees. The aggregate incremental cost related to relocation included expenses
associated with physical movement of his household goods and costs incurred in connection with the sale of his former
home (such as appraisals, inspections, pre-title expenses, title and deed costs, broker’s commission, document preparation
fees, recording fees and legal fees) and the purchase of his new home (including a one percent origination fee).
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