The company made a special performance award to Lawrence Gatta, Jr., Chief Merchandising Officer—Family Dollar, on July 5, 2024 under the standard Performance-Based Restricted Stock Unit Agreement under its 2021 Omnibus Incentive Plan.

1. 01

   The company made a special performance award to Lawrence Gatta, Jr., Chief Merchandising Officer—Family Dollar, on July 5, 2024 under the standard Performance-Based Restricted Stock Unit Agreement under its 2021 Omnibus Incentive Plan.

2. 02

   The company said the award is in the form of performance-based restricted stock units (PSUs) with a target of 14,060 shares (valued at $1.5 million on the grant date), which vest on the 3rd anniversary of grant, subject to continued service.

3. 03

   The company said PSUs will vest early at target upon the executive's death, disability or retirement, as defined in the award, before the 3rd anniversary of grant.

4. 04

   The company said PSUs may vest before the 3rd anniversary of grant, at target or up to 166.67% of target, if its Board of Directors determines that performance objectives related to its review of strategic alternatives for the Family Dollar business segment have been achieved.

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Original filing

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