<SEC-DOCUMENT>0000769993-12-000300.txt : 20120404
<SEC-HEADER>0000769993-12-000300.hdr.sgml : 20120404
<ACCEPTANCE-DATETIME>20120404165116
ACCESSION NUMBER:		0000769993-12-000300
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120402
FILED AS OF DATE:		20120404
DATE AS OF CHANGE:		20120404

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:		12742500

	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>dg420120327amj_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0305</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2012-04-02</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>2012-04-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>6104274</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>44.0056</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>33184065</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>2012-04-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1478274</value>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>44.0056</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>31705791</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 March 27, 2012, Buck Holdings, L.P., as a selling
 shareholder, sold 24,400,885 shares of Common Stock of the Company.  The Secondary Offering closed on April 2, 2012. 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 April 2, 2012. 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 March 25, 2012 (the &quot;Share Repurchase Agreement&quot;).  Pursuant
 to the Share Repurchase Agreement, the Company repurchased, concurrently with the Secondary Offering, 6,817,311 shares of
 Common Stock from Buck Holdings, L.P. (the &quot;Stock Repurchase&quot;).</footnote>
        <footnote id="F5">This amount represents the $45.25 Secondary Offering price per share of Common Stock, less the underwriting discount of
 $1.244380 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 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 April 2, 2012, 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 31,703,228 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 31,703,228 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/ Kevin P. Treanor, Attorney-in-fact</signatureName>
        <signatureDate>2012-04-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
