Dollar General 2015 Annual Report Download - page 51

Download and view the complete annual report

Please find page 51 of the 2015 Dollar General annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 168

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168

Proxy
Option Awards Stock Awards
Number of Number of Number of Shares Market Value of
Securities Underlying Securities Underlying Option or Units of Shares or Units
Unexercised Options Unexercised Options Exercise Option Stock That Have of Stock That
(#) (#) Price Expiration Not Vested Have Not Vested
Name Exercisable Unexercisable ($) Date (#) ($)
Ms. Taylor 10,284
(18)
25.25 03/24/2020
3,547
(1)
1,182
(1)
45.25 03/20/2022
1,501
(2)
1,498
(2)
48.11 03/18/2023
3,454
(19)
3,454
(19)
54.48 05/28/2023
2,119
(4)
6,351
(4)
57.91 03/18/2024
— 32,843
(5)
74.72 03/17/2025
——93
(7)
6,981
(7)
— 1,006
(8)
75,510
(8)
— 2,762
(9)
207,316
(9)
— 237
(10)
17,789
(10)
— 1,052
(11)
78,963
(11)
— 3,965
(12)
297,613
(12)
Mr. Sparks
(1) These options are part of a grant of time-based options with a vesting schedule of 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.
(2) These options are part of a grant of time-based options with a vesting schedule of 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.
(3) These options are part of a grant of time-based options with a vesting schedule of 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.
(4) These options are part of a grant of time-based options with a vesting schedule of 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.
(5) These options are part of a grant of time-based options with a vesting schedule of 25% per year on April 1 of 2016, 2017,
2018 and 2019, subject to certain accelerated vesting provisions as described in ‘‘Potential Payments upon Termination or
Change in Control’’ below.
(6) These options are part of a grant of time-based options with a vesting schedule of 3313% per year on each of the third,
fourth and fifth anniversaries of June 3, 2015, subject to certain accelerated vesting provisions as described in ‘‘Potential
Payments upon Termination or Change in Control’’ below.
(7) Represents PSUs, 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 and scheduled to vest 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 29, 2016.
(8) Represents PSUs, 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 and scheduled to vest 50% per year on March 18, 2016
and 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 29, 2016.
(9) Represents PSUs, 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 2015 and scheduled to vest 50% per year on April 1, 2017 and
April 1, 2018, 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 units by the closing market price
of one share of our common stock on January 29, 2016.
(10) Represents RSUs, to be paid in an equal number of shares of our common stock, which are scheduled to vest 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 29, 2016.
(11) Represents RSUs, to be paid in an equal number of shares of our common stock, which are scheduled to vest 50% per year
on March 18, 2016 and 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 29, 2016.
39