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

Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

STOCK-BASED COMPENSATION PLAN (Tables)

12 Months Ended

Feb. 03, 2018

Jan. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes the status of RSUs as of February 3, 2018, and changes during the year then ended:



	Shares		Weighted Average Grant Date Fair Value
Nonvested at January 28, 2017	1,619,501		$	73.43
Granted	890,371		78.63
Vested	(891,791	)	67.61
Forfeited	(92,829	)	79.21
Nonvested at February 3, 2018	1,525,252		$	79.37

Schedule of Share-based Compensation, Stock Options, Activity

The following tables summarize information about options outstanding at February 3, 2018 and changes during the year then ended.



Stock Option Activity
	February 3, 2018
			Weighted
			Average		Weighted	Aggregate
			Per Share		Average	Intrinsic
			Exercise		Remaining	Value
	Shares		Price		Term	(in millions)
Outstanding, beginning of period	1,041,435		$	62.38
Granted	8,525		83.54
Exercised	(494,411	)	53.85
Forfeited	(32,466	)	73.01
Outstanding, end of period	523,083		$	70.14	5.00	$	20.2
Options vested at February 3, 2018	288,698		$	66.56	4.25	$	12.2
Options exercisable at end of period	288,698		$	66.56	4.25	$	12.2

Schedule of options outstanding and exercisable, by range of exercise prices



	Options Outstanding				Options Exercisable
	Options				Options
Range of	Outstanding	Weighted Avg.	Weighted Avg.		Exercisable	Weighted Avg.
Exercise	at February 3,	Remaining	Exercise		at February 3,	Exercise
Prices	2018	Contractual Life	Price		2018	Price
$19.93 to $48.30	47,807	3.6	$	32.36	47,807	$	32.36
$48.31 to $68.70	33,030	2.0	57.95		30,108	57.53
$68.71 to $76.86	236,157	1.2	72.90		54,832	69.10
$76.87 to $78.45	185,805	6.7	76.98		138,465	76.98
$78.46 to $107.31	20,284	6.7	84.19		17,486	85.06
$19.93 to $107.31	523,083	5.0	$	70.14	288,698	$	66.56

Weighted average assumptions

The weighted average assumptions used in the Black-Scholes option pricing model for awards granted to certain officers in 2016 and converted awards in 2015 are as follows:



	Fiscal 2016			Fiscal 2015
Expected term in years	6.50			2.03
Expected volatility	24.51		%	20.77		%
Annual dividend yield	—		%	—		%
Risk free interest rate	2.09		%	0.60		%
Weighted-average fair value of options granted during the period	$	22.10		$	23.15

The fair value of the employees' purchase rights is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions:



	Fiscal 2017		Fiscal 2016		Fiscal 2015
Expected term	3 months		3 months		3 months
Expected volatility	10.9	%	14.6	%	13.2	%
Annual dividend yield	—	%	—	%	—	%
Risk free interest rate	1.1	%	0.4	%	0.2	%