Filing Details

Accession Number:
0001209191-15-007081
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-01-28 17:05:56
Reporting Period:
2015-01-26
Filing Date:
2015-01-28
Accepted Time:
2015-01-28 17:05:56
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
1257864 P Edward Garden 280 Park Avenue
41St Floor
New York NY 10017
Yes No No No
1345471 Trian Fund Management, L.p. 280 Park Avenue
41St Floor
New York NY 10017
Yes No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.10 Par Value Acquisiton 2015-01-26 1,179 $0.00 1,179 No 4 A Direct
Common Stock, $0.10 Par Value Disposition 2015-01-26 6,000,000 $76.05 2,366,386 No 4 S Indirect Please see explanation below
Common Stock, $0.10 Par Value Disposition 2015-01-26 1,981 $76.54 2,364,405 No 4 S Indirect Please see explanation below
Common Stock, $0.10 Par Value Disposition 2015-01-27 2,361,405 $76.30 3,000 No 4 S Indirect Please see explanation below
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Indirect Please see explanation below
No 4 S Indirect Please see explanation below
No 4 S Indirect Please see explanation below
Footnotes
  1. Grant of Common Stock made pursuant to Directors' Share Awards Guidelines adopted pursuant to the shareholder approved Family Dollar Stores, Inc. 2006 Incentive Plan.
  2. In connection with his service on the Board of the Issuer, Mr. Garden previously received 1,389 shares from the Issuer. On November 14, 2014, Mr. Garden transferred these shares to Trian Fund Management, L.P. ("Trian Management"), for no consideration, pursuant to an agreement, dated as of September 28, 2011, between Mr. Garden and Trian Management relating to fees paid to Mr. Garden in connection with his service on the Board of the Issuer.
  3. Trian Management serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Master Fund (ERISA), L.P. and Trian Partners Strategic Investment Fund, L.P. (collectively, the "Trian Entities"), and as such determines the investment and voting decisions of the Trian Entities with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and therefore is in a position to determine the investment and voting decisions made by Trian Management on its own behalf and on behalf of the Trian Entities.
  4. (FN 3, contd.) Accordingly, Mr. Garden may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by Trian Management and the Trian Entities. The Reporting Persons disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein and this report shall not be deemed an admission that the Reporting Persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Mr. Garden is a director of the Issuer.