4//SEC Filing
DOLLAR TREE INC 4
Accession 0001127602-15-022571
$DLTRCIK 0000935703operating
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 3:52 PM ET
Size
19.9 KB
Accession
0001127602-15-022571
Insider Transaction Report
Form 4
DOLLAR TREE INCDLTR
LEVINE HOWARD R
DirectorCEO of Family Dollar Stores
Transactions
- Award
Common Stock
2015-07-06+1,191,109→ 1,191,109 total(indirect: By Trust) - Award
Stock Option (right to buy)
2015-07-06+115,015→ 115,015 totalExercise: $68.92Exp: 2018-10-15→ Common Stock (115,015 underlying) - Award
Common Stock
2015-07-06+96,350→ 96,350 total - Award
Stock Option (right to buy)
2015-07-06+113,040→ 113,040 totalExercise: $51.49Exp: 2016-10-04→ Common Stock (113,040 underlying) - Award
Stock Option (right to buy)
2015-07-06+78,095→ 78,095 totalExercise: $76.97Exp: 2024-10-14→ Common Stock (78,095 underlying) - Award
Restricted Stock Unit
2015-07-06+26,648→ 26,648 total→ Common Stock (26,648 underlying) - Award
Stock Option (right to buy)
2015-07-06+99,435→ 99,435 totalExercise: $67.95Exp: 2017-10-09→ Common Stock (99,435 underlying)
Footnotes (11)
- [F1]On July 6, 2015, the Issuer, Dollar Tree, Inc. ("Dollar Tree") acquired the Family Dollar Stores ("Family Dollar") pursuant to the Agreement and Plan of Merger between the Issuer, Family Dollar and Dime Merger Sub, Inc. ("Merger Sub"), dated as of July 27, 2014, as amended from time to time (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the Family Dollar, with Family Dollar continuing as the surviving corporation and a wholly-owned subsidiary of Dollar Tree (the "Merger").
- [F10]Option granted on October 15, 2013.
- [F11]Option granted on October 14, 2014.
- [F2]The number reported includes (i) 89,875 shares held directly by the reporting person and (ii) 6,475 shares underlying outstanding performance share rights awards granted under Family Dollar's 2006 Incentive Plan.
- [F3]Pursuant to the Merger Agreement, on July 6, 2015, the reporting person received $59.60 in cash (the "Cash Consideration"), and 0.2484 shares of Dollar Tree common stock (the "Stock Consideration" and together with the Cash Consideration, the "Merger Consideration") for each share of Family Dollar common stock held directly by the reporting person and each share of Family Dollar common stock underlying performance share rights awards (after net share settlement for tax withholding purposes) was converted into a right to receive the Merger Consideration.
- [F4]Pursuant to the Merger Agreement, on July 6, 2015, the outstanding restricted stock unit award granted on October 14, 2014 under Family Dollar equity award policy, was coverted into a restricted stock unit award in respect of a number of shares of Dollar Tree common stock determined by multiplying the number of shares of Family Dollar stock by the Award Exchange Ratio of 1.0000.
- [F5]Restricted Stock Unit granted on October 14, 2014 and will fully vest on the third anniversary of grant date.
- [F6]Pursuant to the Merger Agreement dated July 6, 2015, each option to purchase shares of Family Dollar common stock that was outstanding immediately prior to the Effective Time was converted into an option to purchase a number of shares of Dollar Tree common stock determined by multiplying the number of shares of Family Dollar common stock subject to such option by the Award Exchange Ratio of 1.000, at an exercise price per share determined by dividing the orginal per share exercise price of the option by the Award Exchange Ratio of 1.000.
- [F7]Each option becomes exercisable with respect to 40% of the underlying shares on the second anniversary of grant and with respect to an additional 30% on each of the third and fourth anniversaries of grant.
- [F8]Option granted on October 4, 2011.
- [F9]Option granted on October 9, 2012.
Documents
Issuer
DOLLAR TREE INC
CIK 0000935703
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000935703
Filing Metadata
- Form type
- 4
- Filed
- Jul 7, 8:00 PM ET
- Accepted
- Jul 8, 3:52 PM ET
- Size
- 19.9 KB