KELLY R JAMES 4
4 · FAMILY DOLLAR STORES INC · Filed Oct 17, 2011
Insider Transaction Report
Form 4
KELLY R JAMES
President and COO
Transactions
- Sale
Common Stock
2011-10-13$53.82/sh−66,164$3,560,874→ 337,098 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-10-14−47,496→ 50,092 totalExercise: $23.36From: 2010-10-07Exp: 2013-10-06→ Common Stock (47,496 underlying) - Sale
Common Stock
2011-10-14$54.17/sh−47,496$2,572,626→ 337,098 total - Exercise/Conversion
Common Stock
2011-10-13$23.36/sh+66,164$1,545,591→ 403,262 total - Exercise/Conversion
Common Stock
2011-10-14$23.36/sh+47,496$1,109,507→ 384,594 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2011-10-13−66,164→ 97,588 totalExercise: $23.36From: 2010-10-07Exp: 2013-10-06→ Common Stock (66,164 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.1601 to $54.12, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.65 to $54.50, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]This option was granted on October 7, 2008, under the Family Dollar Stores, Inc. 2006 Incentive Plan, and no portion of the option was exercisable prior to October 7, 2010. Thereafter, the option became or will become vested in cumulative installments of not more than 40% of the number of shares subject to the option on October 7, 2010, 70% on October 7, 2011, and 100% on October 7, 2012.