Dollar General 2006 Annual Report Download - page 134

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(14) These options became or will become exercisable in installments of 25% on September 1, 2006, September 1, 2007, September 1,
2008 and September 1, 2009.
(15) Includes 10,133 RSUs that vest ratably in two installments on September 1, 2007 and September 1, 2008; and 7,600 RSUs that
vest ratably in three installments on March 16, 2007, March 16, 2008 and March 16, 2009.
Option Exercises and Stock Vested During Fiscal 2006
The table below provides information regarding the value realized by our NEOs upon the
exercise of stock options and the vesting of stock awards during fiscal 2006.
Option Awards Stock Awards
Name
Number of Shares
Acquired on
Exercise
(#)
Value Realized
on Exercise
($)
Number of Shares
Acquired on Vesting
(#)(1)
Value Realized
on Vesting
($)(2)
David A. Perdue - - 41,000 721,183
David M. Tehle - - 9,430 133,206
Beryl J. Buley - - 8,510 146,199
Kathleen R. Guion - - 8,616 116,305
Challis M. Lowe - - 5,125 64,631
(1) Includes the number of shares underlying dividend equivalents that vested in conjunction with the vesting of
the related RSUs.
(2) The value realized is based on the closing market price of the underlying stock on the applicable vesting dates.
Pension Benefits
Fiscal 2006
We provide retirement benefits to Mr. Perdue under an unfunded, non-qualified defined
benefit pension plan, or SERP. The table below shows the present value of accumulated benefits
payable to Mr. Perdue, including the number of years of credited service earned by him, under
his SERP. The material terms of Mr. Perdue’ s SERP are discussed following the table.
Name Plan Name
Number of Years
Credited Service
(#)(1)
Present
Value of
Accumulated Benefit
($)(2)
Payments During
Last Fiscal Year
($)
David A. Perdue
Supplemental Executive
Retirement Plan for
David A. Perdue
6
1,848,238
-
(1) Mr. Perdue joined Dollar General on April 2, 2003 and has three actual years of employment service as of
February 2, 2007. Mr. Perdue receives two years of credited service for vesting and benefit accrual purposes
for each of his first five years of employment; thereafter, he will receive one year of credited service for
each year of employment up to a maximum of 15 years of credited service.
132