Family Dollar 2006 Annual Report Download - page 76

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Name 401(k) ($) Term Life
Insurance ($) Executive
Disability ($) MERP Plan ($)
Howard R.
Levine 3,300 2,360 4,589 6,522
R. James Kelly 3,300 2,186 5,814 6,566
Robert George 2,813 1,669 3,034 5,769
Charlie Gibson 3,461 1,450 1,909 5,796
Janet G. Kelley 3,443 1,333 2,045 5,796
All such amounts were determined by reference to the cash costs paid by the Company for the item.
(6) Includes the incremental cost to the Company of Mr. Levine’s personal use of Company aircraft which amounted to $73,433 in
fiscal 2006. The Company determines the incremental cost of Mr. Levine’s personal use of the Company’s aircraft by
multiplying the total of Mr. Levine’s personal flight hours in fiscal 2006 (including “dead head” hours), by the per hour
incremental cost of all Company aircraft. The incremental aircraft cost per hour is determined by adding the cost of fuel, repairs,
supplies, crew travel and meals, landing and trip−related hangar and parking costs, and then dividing that figure by the
Company’s total annual flight hours for all Company aircraft.
(7) Represents a signing bonus paid in connection with Mr. George’s employment.
2006 Grants Of Plan−Based Awards
The following table sets forth information concerning grants of plan−based awards made to the NEOs during fiscal 2006.
Estimated Future Payouts
Under Non−Equity
Incentive Plan Awards
Estimated Future Payouts
Under Equity Incentive
Plan Awards
Exercise
or Base
Price of
Option
Grant
Date Fair
Value of
Stock
and
Option
Name Plan Grant
Date(5) Approval
Date(5)
Threshold
($) Target
($) Maximum
($) Threshold
(#) Target
(#) Maximum
(#) Awards
($/Sh) Awards
($)(6)
Howard R. Levine (1) 09/28/05 09/28/05 150,000 19.75 814,500
(2) 09/28/05 09/28/05 362,500 725,000 1,000,000
(3) 09/28/05 01/19/06 3,125 12,500 25,000 300,750
(4) 09/28/05 01/19/06 9,375 37,500 75,000 902,250
R. James Kelly (1) 09/28/05 09/28/05 95,000 19.75 515,850
(2) 09/28/05 09/28/05 172,500 345,000 517,500
(3) 09/28/05 01/19/06 2,000 8,000 16,000 192,480
(4) 09/28/05 01/19/06 6,000 24,000 48,000 577,440
Robert A. George (1) 09/28/05 09/28/05 35,000 19.75 190,050
(2) 09/28/05 09/28/05 87,500 175,000 281,050
(3) 09/28/05 01/19/06 729 2,917 5,834 70,183
(4) 09/28/05 01/19/06 2,188 8,750 17,500 210,525
Charles S. Gibson (1) 09/28/05 09/28/05 35,000 19.75 190,050
(2) 09/28/05 09/28/05 77,500 155,000 248,930
(3) 09/28/05 01/19/06 625 2,500 5,000 60,150
(4) 09/28/05 01/19/06 1,875 7,500 15,000 180,450
Janet G. Kelley (1) 09/28/05 09/28/05 22,000 19.75 119,460
(2) 09/28/05 09/28/05 49,525 99,050 169,517
(3) 09/28/05 01/19/06 334 1,334 2,668 32,096
(4) 09/28/05 01/19/06 1,000 4,000 8,000 96,240
61
Source: FAMILY DOLLAR STORES, 10−K, March 28, 2007