UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
CARPENTER, BOBBY R.
104 WOODMONT BLVD. STE 300
NASHVILLE, TN 37205
2. Issuer Name and Ticker or Trading Symbol
DOLLAR GENERAL CORPORATION
DG
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
9/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
EXEC. VICE PRESIDENT & CHEIF ADMINISTRATIVE OFFICER
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
COMMON STOCK | | | | | | |156250 |D | |
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COMMON STOCK | | | | | | |6482 |I |401K |
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COMMON STOCK | | | | | | |402910 |I |TTEE 1994 TURNER III TRUST |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
STOCK OPTION |4.0257 | | | | | |6/1/2|12/1/|COMMON STOCK|68838 | |68838 |D | |
| | | | | | |003 |2003 | | | | | | |
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STOCK OPTION |27.25 |04/01|A |V|31643 |A |04/01|04/01|COMMON STOCK|31643 | |31643 |D | |
| |/1999| | | | |/2002|/2009| | | | | | |
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STOCK OPTION |27.25 |04/01|A |V|15818 |A |04/01|04/01|COMMON STOCK|15818 | |15818 |D | |
| |/1999| | | | |/2002|/2009| | | | | | |
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EQUITY SWAP (OBLIGATIO|29.31 |9/28/|J (1| |1 |A |9/28/| |COMMON STOCK|68670 |(1) |68670 |D | |
N TO SELL) | |99 |) | | | |99 | | | | | | | |
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STOCK OPTION |6.8813 | | | | | |4/1/1|3/27/|COMMON STOCK|21936 | |21936 |D | |
| | | | | | |998 |2005 | | | | | | |
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STOCK OPTION |6.8813 | | | | | |4/1/1|3/27/|COMMON STOCK|30246 | |30246 |D | |
| | | | | | |998 |2005 | | | | | | |
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STOCK OPTION |7.8643 | | | | | |9/25/|3/25/|COMMON STOCK|83782 | |83782 |D | |
| | | | | | |2005 |2006 | | | | | | |
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STOCK OPTION |7.8634 | | | | | |9/25/|3/25/|COMMON STOCK|41887 | |41887 |D | |
| | | | | | |2005 |2006 | | | | | | |
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STOCK OPTION |7.8634 | | | | | |3/25/|3/25/|COMMON STOCK|31418 | |31418 |D | |
| | | | | | |1999 |2006 | | | | | | |
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STOCK OPTION |13.4144 | | | | | |9/21/|3/25/|COMMON STOCK|51877 | |51877 |D | |
| | | | | | |2006 |2007 | | | | | | |
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STOCK OPTION |13.4144 | | | | | |9/21/|3/21/|COMMON STOCK|25938 | |25938 |D | |
| | | | | | |2006 |2007 | | | | | | |
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STOCK OPTION |14.0288 | | | | | |6/2/2|6/2/2|COMMON STOCK|19453 | |19453 |D | |
| | | | | | |000 |007 | | | | | | |
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STOCK OPTION |23.60 | | | | | |4/27/|4/27/|COMMON STOCK|28772 | |28772 |D | |
| | | | | | |1998 |2008 | | | | | | |
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STOCK OPTION |23.60 | | | | | |4/27/|4/27/|COMMON STOCK|14382 | |14382 |D | |
| | | | | | |1998 |2008 | | | | | | |
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STOCK OPTION |24.80 | | | | | |6/1/1|6/1/2|COMMON STOCK|10788 | |10788 |D | |
| | | | | | |998 |008 | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) Reporting person entered into an equity swap agreement with a securities
broker under which the reporting
person may be required to to (a) pay to the broker the market value of the
pledged common stock or (b) transfer
ownership of the the pledged common stock upon termination of the agreement
.
SIGNATURE OF REPORTING PERSON
/s/ BOB CARPENTER
DATE
10/7/99
