4//SEC Filing
SOWERS CHARLES M 4
Accession 0001209191-09-048705
CIK 0000034408other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 3:59 PM ET
Size
13.3 KB
Accession
0001209191-09-048705
Insider Transaction Report
Form 4
SOWERS CHARLES M
Senior Vice President
Transactions
- Award
Common Stock
2009-10-13+3,516→ 76,116 total - Award
Employee Stock Option (Right to Buy)
2009-10-13+10,345→ 10,345 totalExercise: $28.11From: 2011-10-13Exp: 2014-10-12→ Common Stock (10,345 underlying) - Tax Payment
Common Stock
2009-10-13$28.11/sh−1,141$32,074→ 74,975 total
Footnotes (3)
- [F1]Represents gross number of shares awarded upon payout of Performance Share Rights Award granted under the Family Dollar Stores, Inc. (the "Company") 2006 Incentive Plan (the "Plan"). The payout of the referenced shares was contingent on the Company's achievement of certain net income growth and return on equity goals as compared to a peer group selected by the Company's Compensation Committee (the "Committee"). The actual payout represents 141.0% of a Target award established by the Committee and is reduced by shares withheld to satisfy tax withholding obligations. See footnote 2.
- [F2]Represents shares of Common Stock, the value of which was withheld to satisfy tax withholding obligations with respect to shares awarded on October 13, 2009 in settlement of Performance Share Rights Award.
- [F3]This option was granted on October 13, 2009, under the Family Dollar Stores, Inc. 2006 Incentive Plan, and no portion of the option may be exercised prior to October 13, 2011. Thereafter, the option will vest in cumulative installments of not more than 40% of the number of shares subject to the option on October 13, 2011, 70% on October 13, 2012, and 100% on October 13, 2013.
Issuer
FAMILY DOLLAR STORES INC
CIK 0000034408
Entity typeother
Related Parties
1- filerCIK 0001222829
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 3:59 PM ET
- Size
- 13.3 KB