Pier 1 2008 Annual Report Download - page 103

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Name and Position
Participant
Cash
Contributions
Pier 1 Imports
Cash
Contributions
Shares
Purchased
Phil E. Schneider ...................................... $ 8,153 $ 4,077 1,647
Executive Vice President, Marketing (Employment ended
August 6, 2007) .....................................
David A. Walker....................................... $ 6,750 $ 6,750 2,231
Executive Vice President, Planning and Allocations ...........
Executive Group ....................................... $ 101,281 $ 53,065 25,609
Non-Executive Director Group(1) .......................... N/A N/A N/A
Non-Executive Officer Employee Group . . . .................. $1,657,378 $769,320 398,295
(1) Neither Mr. Smith nor any of the non-employee directors participated in the Pier 1 Imports, Inc. Stock
Purchase Plan during fiscal 2008.
The affirmative votes of holders of a majority of the shares of common stock present in person or
represented by proxy at the annual meeting and entitled to vote on this proposal is required to approve the
restated and amended plan. If the shareholders do not approve the restated and amended plan, the suspension
of the existing plan will continue and the board of directors at their discretion may, pursuant to the terms and
conditions of the existing plan, terminate the existing plan.
The board of directors unanimously recommends a vote “FOR” approval of the restated and
amended plan.
Equity Compensation Plan Information
The following table sets forth certain information regarding Pier 1 Imports’ equity compensation plans as
of March 1, 2008.
Plan Category
Number of
Securities to
be Issued Upon
Exercise of
Outstanding Options,
Warrants and
Rights(1)
Weighted-Average
Exercise Price of
Outstanding Options,
Warrants and
Rights
Number of
Securities Remaining
Available for Future
Issuance Under
Equity Compensation
Plans (Excluding
Securities Reflected
in the First Column)(1)
Equity compensation plans
approved by Shareholders
1989 Employee Stock Option
Plan .................... 714,825 $15.78 —
1999 Stock Plan............. 8,811,275 $15.50 —
2006 Stock Incentive Plan ..... 2,051,375 $ 7.60 1,382,124
Equity compensation plans not
approved by Shareholders(2) . . . 3,000,000 $ 6.69 —
Total: ...................... 14,577,475 $12.59 1,382,124
(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 April 11, 2008, 587,300 stock options,
399,400 shares of restricted stock and 133,040 DSU’s were granted under the plan. As of the end of fiscal
April 2009, the plan had 452,425 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
options granted under the president and chief executive officer’s employment agreement. See Note 10 of
the Notes to Consolidated Financial Statements in Pier 1 Imports’ Annual Report on Form 10-K for fiscal
22