Pier 1 2009 Annual Report Download - page 160

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EQUITY COMPENSATION PLAN INFORMATION
The following table sets forth certain information regarding Pier 1 Imports’ equity compensation
plans as of February 28, 2009.
Number of Number of
Securities to Securities Remaining
be Issued Upon Weighted-Average Available for Future
Exercise of Exercise Price of Issuance Under
Outstanding Outstanding Equity Compensation
Options, Options, Plans (Excluding
Warrants and Warrants and Securities Reflected
Plan Category Rights Rights in the First Column)(1)
Equity compensation plans approved by
Shareholders
Pier 1 Imports, Inc. 1989 Employee Stock
Option Plan ........................ 368,975 $18.85 —
Pier 1 Imports, Inc. 1999 Stock Plan ........ 7,892,400 $15.36 —
Pier 1 Imports, Inc. 2006 Stock Incentive Plan . 2,448,550 $ 7.52 1,505,812
Equity compensation plans not approved by
Shareholders(2) ....................... 3,000,000 $ 6.69 —
Total: ................................ 13,709,925 $12.16 1,505,812
(1) The number of shares remaining available for future issuance represents shares available for grant
under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan. On March 2, 2009, 723,750 DSU’s were
granted under the plan. As of May 4, 2009, the plan had 1,005,714 shares available for issuance
after forfeitures and shares withheld for withholding tax obligations.
(2) Equity compensation plans not approved by security holders represent the employment inducement
stock option awards granted under Mr. Smith’s employment agreement. Refer to note #8 to the
Pier 1 Imports, Inc. consolidated financial statements in the 2009 Form 10-K, and the
Compensation Discussion and Analysis and the Summary Compensation Table above for additional
information regarding the material features of these stock option grants.
OTHER BUSINESS
Pier 1 Imports does not plan to act on any matters at the meeting other than those described in
this proxy statement. If any other business should properly come before the meeting, the persons
named in the proxy will vote in accordance with their best judgment.
SHAREHOLDER PROPOSALS FOR 2010 ANNUAL MEETING
To be included in the proxy statement relating to the 2010 annual meeting of shareholders,
shareholder proposals made pursuant to SEC Rule 14a-8 must be received by Pier 1 Imports’ corporate
secretary no later than 5:00 p.m., local time, January 27, 2010.
In order to bring a matter before the 2010 annual meeting of shareholders that is not contained in
the proxy statement, a shareholder must comply with the advance notice provisions of Pier 1 Imports’
by-laws. Pier 1 Imports’ by-laws require that it receive notice of the matter no earlier than April 2,
2010, and no later than May 2, 2010. You may contact Pier 1 Imports’ corporate secretary to find out
what specific information regarding the matter must be included with the advance notice.
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