4//SEC Filing
FAMILY DOLLAR STORES INC 4
Accession 0001209191-14-063594
CIK 0000034408operating
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 7:57 PM ET
Size
11.8 KB
Accession
0001209191-14-063594
Insider Transaction Report
Form 4
Venberg Bryan
Senior Vice President - HR
Transactions
- Award
Common Stock
2014-10-14+3,128→ 20,280 total - Award
Employee Stock Option (Right to Buy)
2014-10-14+4,935→ 4,935 totalExercise: $76.97From: 2016-10-14Exp: 2024-10-14→ Common Stock (4,935 underlying) - Tax Payment
Common Stock
2014-10-14$76.97/sh−1,037$79,818→ 19,243 total - Award
Common Stock
2014-10-14+1,684→ 20,927 total
Footnotes (5)
- [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 127.5% of a Target award established by the Committee and is reduced by shares withheld to satisfy tax withholding obligations. See footnote 3.
- [F2]This amount includes an additional 178 shares acquired under the Company's broad-based Employee Stock Purchase Plan since January 17, 2014.
- [F3]Represents shares of Common Stock, the value of which was withheld to satisfy tax withholding obligations with respect to shares awarded on October 14, 2014 in settlement of Performance Share Rights Award.
- [F4]Represents award of restricted stock units which vest in full on the third anniversary of the Grant Date provided that the Reporting Person remains employed with the Company through such date. Upon vesting, the restricted stock units will be settled by delivery of shares of Common Stock on a one-for-one basis.
- [F5]This option was granted on October 14, 2014, under the Family Dollar Stores, Inc. 2006 Incentive Plan, and no portion of the option may be exercised prior to October 14, 2016. Thereafter, the option will vest in cumulative installments of not more than 40% of the number of shares subject to the option on October 14, 2016, 70% on October 14, 2017, and 100% on October 14, 2018.
Documents
Issuer
FAMILY DOLLAR STORES INC
CIK 0000034408
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000034408
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 7:57 PM ET
- Size
- 11.8 KB