FAMILY DOLLAR STORES INC 4
4 · FAMILY DOLLAR STORES INC · Filed Oct 1, 2007
Insider Transaction Report
Form 4
MAHONEY GEORGE R JR
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2007-09-28−48,000→ 47,000 totalExercise: $40.75From: 2005-08-26Exp: 2008-09-28→ Common Stock (48,000 underlying)
Footnotes (2)
- [F1]This option was voluntarily relinquished by the reporting person pursuant to a Stipulation and Agreement of Compromise, Settlement and Release (the "Settlement Agreement") entered into on June 22, 2007 in connection with certain State and Federal shareholder derivative actions entitled In Re Family Dollar Stores, Inc. The relinquishment of these options was contingent on Final Approval (as defined in the Settlement Agreement) of the Settlement Agreement, which occurred on September 28, 2007. For a full description of the terms of the Settlement Agreement and the terms related to the relinquishment of these options, reference is made to the Company's Form 8-K report filed with the SEC on June 26, 2007.
- [F2]This option was granted on September 29, 2003, under the 1989 Plan, and became fully vested on August 26, 2005, as a result of the Company's stock option acceleration program. This program was described on the Company's Form 8-K report, filed with the SEC on August 24, 2005.