Pier 1 2007 Annual Report Download - page 115

(5) The following table describes each component of the All Other Compensation column in the Summary
Compensation Table.
Name
Car
Allowance(1)
Club Dues
Allowance(2)
Officer
Medical
Reim-
bursement(3)
Financial
Planning
and Tax
Preparation
Services
Allowance(4)
Tax
Gross-
Ups(5)
Payments
Relating
to
Employee
Savings
Plans(6)
Dividends
Paid on
Restricted
Stock(7)
Moving,
Relocation
and Other
Expenses(8)
Total
All Other
Compen-
sation
Marvin J. Girouard . ...... $16,999 $3,458 $ 5,379 $20,000 $3,851 $131,619 $ 0 $ 0 $181,306
Alexander W. Smith ...... $ 526 $ 107 $ 0 $ 0 $ 0 $ 0 $ 0 $45,965 $ 46,598
Charles H. Turner ....... $13,200 $2,228 $14,533 $ 7,600 $3,829 $ 31,336 $7,106 $ 0 $ 79,832
Jay R. Jacobs .......... $13,200 $2,228 $ 4,145 $ 7,600 $2,950 $ 37,105 $7,106 $ 0 $ 74,334
Phil E. Schneider . ....... $13,200 $2,228 $ 9,844 $ 5,700 $2,496 $ 23,030 $7,106 $ 0 $ 63,604
David A. Walker . ....... $13,200 $2,228 $ 1,510 $ 5,700 $2,511 $ 19,699 $7,106 $ 0 $ 51,954
E. Mitchell Weatherly . . . . . $10,800 $1,828 $20,000 $ 6,800 $9,545 $ 19,658 $7,106 $ 0 $ 75,737
(1) This column reports amounts paid to the named executive officers for car allowances.
(2) This column reports amounts paid to the named executive officers for club dues.
(3) This column reports amounts reimbursed to the named executive officers for medical expenses pursuant to
Pier 1’s existing plan for reimbursement of executives’ health expenses which has been restated and
renamed as the Pier 1 Executive Health Expense Reimbursement Plan.
(4) This column reports payments to the named executive officers for financial planning and tax preparation
services.
(5) This column reports the amount of gross-ups for taxes paid to the named executive officers.
(6) This column reports (a) Pier 1 matching contributions to the named executive officers’ 401(k) savings
account equal to the sum of (i) one hundred percent (100%) of the first one percent of the participant’s
elected compensation deferral, and (ii) fifty percent (50%) of the next four percent of the participant’s
elected compensation deferral, up to the limitations imposed under IRS rules; (b) the same rate of Pier 1
matching contributions to the named executive officer’s account in the Pier 1 non-qualified deferred com-
pensation plan known as the Benefit Restoration Plan II, which is subject to the same vesting requirements
as Pier 1’s 401(k) Retirement Plan; and (c) Pier 1 matching contributions to the named executive officer’s
Stock Purchase Plan account equal to 50% of the named executive officer’s compensation deduction, other
than Messrs. Girouard and Walker whose matching contributions were 100% of their compensation
deduction.
Those contributions were as follows:
Name 401(k) BRP II SPP
Marvin J. Girouard ..................................... $5,446 $30,019 $96,154
Charles H. Turner ...................................... $6,687 $ 5,765 $18,884
Jay R. Jacobs ......................................... $6,687 $11,534 $18,884
Phil E. Schneider ....................................... $5,815 $ 8,711 $ 8,504
David A. Walker ....................................... $4,488 $ 8,711 $ 6,500
E. Mitchell Weatherly ................................... $4,725 $ 8,764 $ 6,169
Pier 1’s 401(k) and Stock Purchase Plans are broad based plans available to all eligible employees on a
non-discriminatory basis.
(7) This column reports the dividends paid on unvested restricted stock held by the named executive officers.
(8) This column reports the amount paid during fiscal 2007 of the $125,000 allowance for moving, relocation,
and other expenses pursuant to Mr. Smith’s employment agreement as described in the Compensation Dis-
cussion and Analysis above.
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