<SEC-DOCUMENT>0000769993-11-000676.txt : 20111214
<SEC-HEADER>0000769993-11-000676.hdr.sgml : 20111214
<ACCEPTANCE-DATETIME>20111214171214
ACCESSION NUMBER:		0000769993-11-000676
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20111212
FILED AS OF DATE:		20111214
DATE AS OF CHANGE:		20111214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Jones Adrian M
		CENTRAL INDEX KEY:			0001359316

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11421
		FILM NUMBER:		111261685

	MAIL ADDRESS:	
		STREET 1:		C/O GOLDMAN, SACHS & CO.
		STREET 2:		85 BROAD STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOLLAR GENERAL CORP
		CENTRAL INDEX KEY:			0000029534
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-VARIETY STORES [5331]
		IRS NUMBER:				610502302
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			0201

	BUSINESS ADDRESS:	
		STREET 1:		100 MISSION RIDGE
		CITY:			GOODLETTSVILLE
		STATE:			TN
		ZIP:			37072
		BUSINESS PHONE:		6158554000

	MAIL ADDRESS:	
		STREET 1:		100 MISSION RIDGE
		CITY:			GOODLETTSVILLE
		STATE:			TN
		ZIP:			37072

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TURNER CAL
		DATE OF NAME CHANGE:	19710401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TURNER J L & SON INC
		DATE OF NAME CHANGE:	19710401
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>dg420111212amj_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-12-12</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000029534</issuerCik>
        <issuerName>DOLLAR GENERAL CORP</issuerName>
        <issuerTradingSymbol>DG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001359316</rptOwnerCik>
            <rptOwnerName>Jones Adrian M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GOLDMAN, SACHS &amp; CO.</rptOwnerStreet1>
            <rptOwnerStreet2>200 WEST STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10282</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-12-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>6059441</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>37.635</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>40354251</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-12-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1065912</value>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>37.635</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>39288339</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                    <footnoteId id="F7"/>
                    <footnoteId id="F8"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Director Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>22.55</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F9"/>
            </exerciseDate>
            <expirationDate>
                <value>2019-11-18</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5549</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5549</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F9"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Director Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>33.16</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F10"/>
            </exerciseDate>
            <expirationDate>
                <value>2021-05-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3194</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3194</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F10"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Person is a managing director of Goldman, Sachs &amp; Co. (&quot;Goldman Sachs&quot;). Goldman Sachs is a wholly-owned
 subsidiary of The Goldman Sachs Group, Inc. (&quot;GS Group&quot;). The Reporting Person disclaims beneficial ownership of the
 securities reported herein except to the extent of his pecuniary interest therein, if any.</footnote>
        <footnote id="F2">In connection with the secondary offering (the &quot;Secondary Offering&quot;) of common stock, par value $0.875 per share (the &quot;Common
 Stock&quot;), of Dollar General Corporation (the &quot;Company&quot;) by certain selling shareholders pursuant to an underwriting agreement
 (the &quot;Underwriting Agreement&quot;) and final prospectus supplement, each dated December 6, 2011, Buck Holdings, L.P., as a
 selling shareholder, sold 24,194,138 shares of Common Stock of the Company.  The Secondary Offering closed on December 12,
 2011. Buck Holdings, L.P. is a limited partnership whose general partner is Buck Holdings, LLC. The membership interests of
 Buck Holdings, LLC are held by a private investor group, which includes certain investment partnerships (the &quot;GS Funds&quot;) and
 GSUIG, L.L.C. (&quot;GSUIG&quot;, and together with the GS Funds, the &quot;Investing Entities&quot;).</footnote>
        <footnote id="F3">Pursuant to the Underwriting Agreement and in connection with the Secondary Offering, the underwriters exercised their option
 (the &quot;Over-Allotment Option&quot;) to purchase additional shares of Common Stock from certain of the selling shareholders.
 Goldman Sachs is one of several underwriters under the Underwriting Agreement. The Over-Allotment Option closed
 simultaneously with the Secondary Offering on December 12, 2011. Buck Holdings, L.P. sold an additional 3,750,000 shares of
 Common Stock pursuant to the underwriters' exercise of the Over-Allotment Option.</footnote>
        <footnote id="F4">In connection with the Common Stock repurchase program authorized by the Company on November 30, 2011, the Company entered
 into a share repurchase agreement with Buck Holdings, L.P. on December 4, 2011 (the &quot;Share Repurchase Agreement&quot;).  Pursuant
 to the Share Repurchase Agreement, the Company repurchased, concurrently with the Secondary Offering, 4,915,637 shares of
 Common Stock from Buck Holdings, L.P. (the &quot;Stock Repurchase&quot;).</footnote>
        <footnote id="F5">This amount represents the $39.00 Secondary Offering price per share of Common Stock, less the underwriting discount of
 $1.365 per share of Common Stock.</footnote>
        <footnote id="F6">GS Group may be deemed to beneficially own 1,525 restricted stock units that were granted to Adrian M. Jones, a managing
 director of Goldman Sachs, in his capacity as a director of the Company pursuant to the Amended and Restated 2007 Stock
 Incentive Plan for Key Employees of Dollar General Corporation and Its Affiliates (the &quot;Plan&quot;). The restricted stock units
 represent a contingent right to receive shares of Common Stock upon vesting and vest in three equal installments on each of
 the Company's first, second, and third annual shareholders' meetings immediately following the grant date, which was
 November 18, 2009. Mr. Jones has an understanding with GS Group pursuant to which he holds such shares for the benefit of GS
 Group.</footnote>
        <footnote id="F7">GS Group also may be deemed to beneficially own 1,038 restricted stock units that were granted to Adrian M. Jones in his
 capacity as a director of the Company on May 25, 2011.  The restricted stock units represent a contingent right to receive
 shares of Common Stock upon vesting.  The shares vest in three equal annual installments of 33 1/3% beginning on May 25,
 2012.  Mr. Jones has an understanding with GS Group pursuant to which he holds such shares for the benefit of GS Group.</footnote>
        <footnote id="F8">As of December 12, 2011, as a result of the Secondary Offering, the exercise of the Over-Allotment Option and the Stock
 Repurchase, GS Group and Goldman Sachs may be deemed to beneficially own indirectly 39,285,776 shares of Common Stock by
 reason of the indirect beneficial ownership of such shares by the Investing Entities. The Investing Entities may be deemed
 to beneficially own indirectly 39,285,776 shares of Common Stock by reason of the direct beneficial ownership of such shares
 by Buck Holdings, L.P., a limited partnership whose general partner is Buck Holdings, LLC. Each of Goldman Sachs and GS
 Group disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest
 therein.</footnote>
        <footnote id="F9">Pursuant to the Plan, Adrian M. Jones was granted options to purchase 5,549 shares of Common Stock on November 18, 2009. The
 options vest in four annual installments of 25% beginning November 18, 2010. GS Group may be deemed to beneficially own the
 options to purchase 5,549 shares of Common Stock that were granted to Mr. Jones on November 18, 2009 pursuant to the Plan.
 Mr. Jones has an understanding with GS Group pursuant to which he holds such shares for the benefit of GS Group.</footnote>
        <footnote id="F10">Pursuant to the Plan, Adrian M. Jones was granted options to purchase 3,194 shares of Common Stock on May 25, 2011. The
 options vest in four annual installments of 25% beginning on May 25, 2012. GS Group may be deemed to beneficially own the
 options to purchase 3,194 shares of Common Stock that were granted to Mr. Jones on May 25, 2011 pursuant to the Plan. Mr.
 Jones has an understanding with GS Group pursuant to which he holds such shares for the benefit of GS Group.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Yvette Kosic, Attorney-in-fact</signatureName>
        <signatureDate>2011-12-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
