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Filing Details

Accession Number:: 0001209191-14-064949
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-10-27 19:01:43
Reporting Period:: 2014-10-23

Filing Date:: 2014-10-27
Accepted Time:: 2014-10-27 19:01:43
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
34408	Family Dollar Stores Inc	FDO	Retail-Variety Stores (5331)	560942963

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1222818	R Howard Levine	P. O. Box 1017 Charlotte NC 28201	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-10-23	103,650	$46.11	4,575,741	No	4	M	Direct
Common Stock	Disposition	2014-10-23	76,733	$77.42	4,499,008	No	4	S	Direct
Common Stock	Disposition	2014-10-23	600,000	$0.00	3,899,008	No	5	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	5	G	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2014-10-23	103,650	$0.00	103,650	$46.11

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2012-10-12	2015-10-11	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,886,420	Indirect	By Trust

Footnotes

This amount does not include 1,025 shares owned by Mr. Levine's wife. Mr. Levine disclaims beneficial ownership of such shares.
Represents shares sold to satisfy exercise price and tax withholding obligations upon option exercise, as permitted by the terms of the the Voting and Support Agreement with Dollar Tree, Inc. dated July 27, 2014 (the "Voting Agreement").
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.25 to $77.77, 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 (3) to this Form 4.
On October 23, 2014, Mr. Levine made a charitable donation of 600,000 shares of common stock of the Company (the "Donated Shares") to the Foundation For The Carolinas for the benefit of the Howard Levine Foundation Fund II (the "Transferee"), as permitted by the terms of the Voting Agreement. Pursuant to the requirements of the Voting Agreement, the Transferee has agreed in writing to be bound by the applicable terms of the Voting Agreement, and the Transferee has sole voting power and sole power of disposition with respect to the Donated Shares.
This option was granted on October 12, 2010, under the Family Dollar Stores, Inc. 2006 Incentive Plan, and no portion of the option was exercisable prior to October 12, 2012. Thereafter, the option vested in cumulative installments of not more than 40% of the number of shares subject to the option on October 12, 2012, 70% on October 12, 2013, and 100% on October 12, 2014.