Pier 1 2016 Annual Report Download - page 118

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COMPENSATION
The following table describes each component of All Other Compensation for fiscal 2016.
FISCAL 2016 ALL OTHER COMPENSATION
NAME
PAYMENTS RELATING
TO EMPLOYEE
SAVINGS PLANS (a)
DISABILITY
INSURANCE
PREMIUMS (b)
LIFE
INSURANCE
PREMIUMS (c)
OTHER
BENEFITS (d)
TOTAL ALL
OTHER
COMPENSATION
Alexander W. Smith $ 65,642 $5,261 $3,564 $37,087 $111,554
Jeffrey N. Boyer
(appointed July 27, 2015)
$150,000 $2,458 $1,072 — $153,530
Laura A. Coffey $ 21,137 $3,352 $ 670 — $ 25,159
Michael R. Benkel $ 23,250 $2,977 $ 810 — $ 27,037
Catherine David $ 29,873 $3,802 $1,242 — $ 34,917
EricW. Hunter $ 21,466 $2,616 $ 540 — $ 24,622
Sharon M. Leite
(resigned January 15, 2016) $ 19,054 $3,415 $1,099 — $ 23,568
(a) This column reports Pier 1 Imports’ aggregate matching and employer discretionary contributions to the NEOs 401(k) savings account, Deferred Compensation Plan account and Stock
Purchase Plan account. Those contributions are set forth in the Fiscal 2016 Matching Contributions table below.
(b) This column reports premiums paid on behalf of the NEOs for supplemental disability insurance coverage.
(c) This column reports premiums paid on behalf of the NEOs for basic term life insurance.
(d) Perquisites and personal benefits if any, for each NEO (other than Mr. Smith), which are less than $10,000 in the aggregate are not shown. This column reports $37,087 in attorney’s
fees and costs incurred by Mr. Smith in connection with the discussions regarding his employment agreement. The fees and costs were authorized and approved by the compensation
committee.
The following table describes aggregate matching and employer discretionary contributions to the NEOs 401(k) savings account,
Deferred Compensation Plan account, and Stock Purchase Plan account.
FISCAL 2016 MATCHING CONTRIBUTIONS
NAME 401(k) DCP SPP TOTAL
Alexander W. Smith $7,950 $26,442 $31,250 $65,642
Jeffrey N. Boyer
(appointed July 27, 2015) $0 $150,000 $0 $150,000
Laura A. Coffey $8,137 $9,750 $3,250 $21,137
Michael R. Benkel $7,950 $10,800 $4,500 $23,250
Catherine David $8,065 $13,408 $8,400 $29,873
EricW. Hunter $1,962 $13,004 $6,500 $21,466
Sharon M. Leite
(resigned January 15, 2016) $3,781 $10,673 $4,600 $19,054
Pier 1 Imports’ 401(k) and Stock Purchase Plan are broad based plans available to all eligible employees on a non-discriminatory basis.
Grants of Plan-Based Awards for the Fiscal Year Ended February 27, 2016
Pier 1 Imports granted short-term incentive cash awards to the NEOs for fiscal 2016 pursuant to the Pier 1 Imports, Inc. 2006 Stock
Incentive Plan as described in the Compensation Discussion and Analysis – Executive Compensation Components above.
Pier 1 Imports granted long-term incentive awards to the NEOs, as described under “Long-Term Incentive” in the Compensation
Discussion and Analysis – Executive Compensation Components. Those grants, other than to Mr. Boyer, were made pursuant to the Pier
1 Imports, Inc. 2006 Stock Incentive Plan. Mr. Boyer’s long-term incentive awards were made under the Pier 1 Imports, Inc. 2015 Stock
Incentive Plan. Mr. Smith’s grants are described above under the caption “Chief Executive Officer Employment Agreement.”
The restricted stock awards (performance-based and time-based) granted in fiscal 2016 are not eligible to receive cash dividends prior
to vesting.
36 PIER 1 IMPORTS, INC. | 2016 Proxy Statement