Dollar Tree, Inc. Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation Plans (Tables)

12 Months Ended

Jan. 29, 2022

Total stock-based compensation expense was recorded in the accompanying consolidated income statements as follows:


	Year Ended
	January 29,		January 30,		February 1,
(in millions)	2022		2021		2020
Cost of sales	$	18.3	$	15.4	$	12.9
Selling, general and administrative expenses	61.6		68.5		48.5
Total stock-based compensation expense	$	79.9	$	83.9	$	61.4
Excess tax benefit (deficit) on stock-based compensation recognized in the Provision for income taxes	$	8.5	$	(2.8)	$	3.8

The following table summarizes the status of service-based RSUs as of January 29, 2022 and changes during the year then ended:


	Number of Shares	Weighted Average Grant Date Fair Value
Nonvested at January 30, 2021	1,265,216	$	83.16
Granted	634,118	109.01
Vested	(649,374)	87.54
Forfeited	(153,894)	92.88
Nonvested at January 29, 2022	1,096,066	$	94.16

The following table summarizes the status of PSUs as of January 29, 2022 and changes during the year then ended:


	Number of Shares	Weighted Average Grant Date Fair Value
Nonvested at January 30, 2021	423,272	$	82.67
Granted	422,524	95.04
Vested	(218,232)	79.44
Forfeited	(42,592)	95.66
Nonvested at January 29, 2022	584,972	$	91.86

The following tables summarize information about options outstanding at January 29, 2022 and changes during the year then ended:


	Number of Shares	Weighted Average Per Share Exercise Price		Weighted Average Remaining Term (Years)	Aggregate Intrinsic Value (in millions)
Outstanding, beginning of period	117,057	$	79.75
Granted	1,078	140.52
Exercised	(93,594)	77.67

Outstanding, end of period	24,541	$	90.38	4.8	$	0.9
Options vested and exercisable at January 29, 2022	24,541	$	90.38	4.8	$	0.9