Dollar General 2015 Annual Report Download - page 53

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Proxy
Pension Benefits
Fiscal 2015
We have omitted the Pension Benefits table because it is inapplicable.
Nonqualified Deferred Compensation
Fiscal 2015
Information regarding each named executive officer’s participation in our CDP/SERP Plan is
included in the following table. The material terms of the CDP/SERP Plan are described after the
table. Please also see ‘‘Benefits and Perquisites’’ in ‘‘Compensation Discussion and Analysis’’ above.
Executive Registrant Aggregate Aggregate Aggregate
Contributions Contributions Earnings Withdrawals/ Balance
in Last FY in Last FY in Last FY Distributions at Last FYE
Name ($)(1) ($)(2) ($)(3) ($)(4) ($)(5)
Mr. Vasos 46,330 32,115 (10,963) — 533,614
Mr. Dreiling 62,387 322,977 18,456 — 2,880,653
Mr. Garratt 2,083 — 25 — 2,108
Mr. Tehle 15,479 5,270 (135,029) (1,980,227) 0
Mr. Flanigan 21,869 65,541 (13,666) — 618,838
Mr. Ravener 26,100 12,787 (10,107) — 333,425
Ms. Taylor 2,188 52,521 (6,662) — 208,177
Mr. Sparks 11,678 1,088 10 (116,204) 0
(1) All of the reported amounts for each named executive officer are reported in the Summary Compensation Table as
‘‘Salary’’ for 2015.
(2) Reported as ‘‘All Other Compensation’’ in the Summary Compensation Table.
(3) The amounts shown are not reported in the Summary Compensation Table because they do not represent above-market or
preferential earnings.
(4) Each distribution was made following Messrs. Tehle’s and Sparks’s respective service termination pursuant to prior elections
made under the CDP/SERP Plan.
(5) Of the amounts reported, the following were previously reported as compensation to the named executive officer for years
prior to 2015 in a Summary Compensation Table: Mr. Vasos ($374,751); Mr. Dreiling ($2,183,084); Mr. Tehle ($1,475,241);
Mr. Flanigan ($149,969); Mr. Ravener ($31,747); each of Mr. Garratt and Ms. Taylor ($0); and Mr. Sparks ($102,228).
Pursuant to the CDP, each named executive officer may annually elect to defer up to 65% of
his base salary if his compensation exceeds the limit set forth in Section 401(a)(17) of the Internal
Revenue Code, and up to 100% of his bonus pay if his compensation equals or exceeds the highly
compensated limit under Section 414(q)(1)(B) of the Internal Revenue Code. We currently match base
pay deferrals at a rate of 100%, up to 5% of annual salary, with annual salary offset by the amount of
match-eligible salary under the 401(k) Plan. All named executive officers are 100% vested in all
compensation and matching deferrals and earnings on those deferrals.
Pursuant to the SERP, we make an annual contribution equal to a certain percentage of a
participant’s annual salary and bonus to all participants who are actively employed in an eligible job
grade on January 1 and continue to be employed as of December 31 of a given year. Persons hired
after May 27, 2008, including Messrs. Vasos, Garratt, Ravener and Sparks, are not eligible to
participate in the SERP. The contribution percentage is based on age, years of service and job grade.
The fiscal 2015 contribution percentage was 9.5% for Mr. Dreiling and 7.5% for each of Mr. Flanigan
and Ms. Taylor. Mr. Tehle was not eligible for a fiscal 2015 SERP contribution because he was not
employed as of December 31, 2015. All applicable named executive officers are 100% vested in their
respective SERP amounts.
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