Dollar General 2014 Annual Report Download - page 54

Proxy
Pension Benefits
Fiscal 2014
We have omitted the Pension Benefits table because it is inapplicable.
Nonqualified Deferred Compensation
Fiscal 2014
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. We
have omitted from this table the column pertaining to aggregate withdrawals/distributions during the
fiscal year because it is inapplicable.
Executive Registrant Aggregate Aggregate
Contributions Contributions Earnings Balance
in Last FY in Last FY in Last FY at Last FYE
Name ($)(1) ($)(2) ($)(3) ($)(4)
Mr. Dreiling 66,189 178,565 42,403 2,476,833
Mr. Tehle 69,672 92,224 86,300 2,094,507
Mr. Vasos 73,333 25,190 40,729 466,132
Mr. D’Arezzo 39,243 30,390 3,493 78,979
Mr. Sparks 31,784 18,720 857 103,428
(1) All of the reported amounts for each named executive officer are reported in the Summary Compensation Table as
‘‘Salary’’ for 2014.
(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) Of the amounts reported, the following were previously reported as compensation to the named executive officer for years
prior to 2014 in a Summary Compensation Table: Mr. Dreiling ($1,938,330); Mr. Tehle ($1,313,345); Mr. Vasos ($276,228);
Mr. D’Arezzo ($0); and Mr. Sparks ($51,724).
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, D’Arezzo 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 2014
contribution percentage was 9.5% for each of Messrs. Dreiling and Tehle.
As a result of a change in control, as defined under the CDP/SERP Plan, which occurred in
2007, all previously unvested SERP amounts vested on July 6, 2007. For newly eligible SERP
participants after July 6, 2007 but prior to May 27, 2008, SERP amounts vest at the earlier of the
participant’s attainment of age 50 or the participant’s being credited with 10 or more ‘‘years of service,’’
or upon termination of employment due to death or ‘‘total and permanent disability’’ or upon a
‘‘change in control,’’ all as defined in the CDP/SERP Plan.
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