Dollar Tree (DLTR) director defers fees into 345 phantom stock units

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Dollar Tree director Edward J. Kelly III has deferred director fees by receiving a grant of 344.99 phantom stock units. These units, which each represent one share of Dollar Tree common stock, are part of a Non-Employee Director Deferred Compensation Program. The phantom stock will be converted into common stock upon his separation from the Board or a specified distribution date, rather than being an open-market transaction.

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