Emily C. Taylor - Mar 8, 2022 Form 4 Insider Report for DOLLAR GENERAL CORP (DG)

Role: EVP & Chief Merchandising Ofc
Signature: /s/ Emily C. Taylor
Stock symbol: DG
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/10/2022, 02:15 PM
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DG	Common Stock	Award	$0	+4.33K	+38.92%	$0.00	15.5K	Mar 8, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance share units ("PSUs") earned from March 20, 2019 & March 16, 2021 grants, as certified by Issuer's Compensation Committee on March 8, 2022. Each PSU represents right to one share of Issuer's common stock. Amount reported includes: (i) 1,119 PSUs earned as a result of Issuer's fiscal years 2019-2021 average adjusted ROIC performance, all of which will become vested & be settled & paid in unrestricted shares of Issuer's common stock on April 1, 2022; and (ii) 3,210 PSUs earned as a result of Issuer's fiscal year 2021 adjusted EBITDA performance, 1,070 of which will become vested & be settled & paid in unrestricted shares of Issuer's common stock on April 1, 2022, & remainder of which is subject to time-vesting requirements (1,070 on each of April 1, 2023 and April 1, 2024) & certain forfeiture & accelerated vesting provisions.

Content

Performance share units ("PSUs") earned from March 20, 2019 & March 16, 2021 grants, as certified by Issuer's Compensation Committee on March 8, 2022. Each PSU represents right to one share of Issuer's common stock. Amount reported includes: (i) 1,119 PSUs earned as a result of Issuer's fiscal years 2019-2021 average adjusted ROIC performance, all of which will become vested & be settled & paid in unrestricted shares of Issuer's common stock on April 1, 2022; and (ii) 3,210 PSUs earned as a result of Issuer's fiscal year 2021 adjusted EBITDA performance, 1,070 of which will become vested & be settled & paid in unrestricted shares of Issuer's common stock on April 1, 2022, & remainder of which is subject to time-vesting requirements (1,070 on each of April 1, 2023 and April 1, 2024) & certain forfeiture & accelerated vesting provisions.