Pier 1 2008 Annual Report Download - page 117

years 2008 and 2007, respectively, by Pier 1 Imports on salary deferred by the named executive officers
plus Pier 1 Imports match amounts under the non-qualified deferred compensation plans described under
the caption “Non-Qualified Deferred Compensation Table for the Fiscal Year Ended March 1, 2008”
below. Additional information on these plans and the indicated named executive officer’s participation is
shown in that table.
(5) The following table describes each component of the All Other Compensation column in the Summary
Compensation Table.
Name
Fiscal
Year
Car
Allowance
Club Dues
Allowance
Cell Phone
Allowance
Officer
Medical
Reimbursement(a)
Financial
Planning
and Tax
Preparation
Services
Allowance
Tax
Gross-Ups(b)
Payments
Relating to
Employee
Savings
Plans(c)
Dividends
Paid on
Restricted
Stock(d)
Moving,
Relocation
and Other
Expenses(e)
Total
All Other
Compensation
Alexander W. Smith .... 2008 $19,200 $3,900 $ 900 $ 3,111 $20,000 $ 0 $ 4,615 N/A $585,418 $637,144
2007 $ 526 $ 107 N/A $ 0 $ 0 $ 0 $ 0 N/A $ 45,965 $ 46,598
Charles H. Turner...... 2008 $14,400 $2,400 $ 900 $ 5,467 $ 8,600 $ 0 $34,153 $ 0 $ 0 $ 65,920
2007 $13,200 $2,228 N/A $14,533 $ 7,600 $3,829 $31,336 $7,106 $ 0 $ 79,832
Gregory S. Humenesky . . 2008 $14,400 $2,400 $ 900 $ 3,312 $ 6,000 $ 0 $ 1,240 $ 0 $ 0 $ 28,252
Jay R. Jacobs ........ 2008 $14,400 $2,400 $ 900 $ 1,615 $ 7,800 $ 0 $37,266 $ 0 $ 0 $ 64,381
2007 $13,200 $2,228 N/A $ 4,145 $ 7,600 $2,950 $37,105 $7,106 $ 0 $ 74,334
Phil E. Schneider ...... 2008 $ 6,000 $1,000 $ 0 $ 2,893 $ 0 $ 0 $10,323 $ 0 $366,250 $386,466
(Employment ended 2007 $13,200 $2,228 N/A $ 9,844 $ 5,700 $2,496 $23,030 $7,106 $ 0 $ 63,604
August 6, 2007)
David A. Walker ...... 2008 $14,400 $2,400 $ 900 $ 3,954 $ 6,800 $ 0 $22,383 $ 0 $ 0 $ 50,837
2007 $13,200 $2,228 N/A $ 1,510 $ 5,700 $2,511 $19,699 $7,106 $ 0 $ 51,954
(a) This column reports amounts reimbursed to the named executive officers for medical expenses under
the Pier 1 Imports Executive Health Expense Reimbursement Plan.
(b) This column reports the amount of gross-ups for taxes paid to the named executive officers.
(c) This column reports (a) Pier 1 Imports matching contributions to the named executive officer’s 401(k)
savings account equal to the sum of (i) 100% of the first one percent of the participant’s elected com-
pensation deferral, and (ii) 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 Imports matching
contributions to the named executive officer’s account in the Pier 1 Imports non-qualified deferred
compensation plan known as the Benefit Restoration Plan II, which is subject to the same vesting
requirements as Pier 1 Imports’ 401(k) Retirement Plan; and (c) Pier 1 Imports 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 Mr. Walker whose matching contributions were 100% of
his compensation deduction, and Mr. Humenesky whose matching contributions were 20% for a por-
tion of the year and 30% for the remainder of the year.
Those contributions were as follows:
Name Fiscal Year 401(k) BRP II SPP Total
Alexander W. Smith ................... 2008 $4,615 $ 0 $ 0 $ 4,615
2007 N/A N/A N/A N/A
Charles H. Turner ..................... 2008 $7,039 $ 5,853 $21,261 $34,153
2007 $6,687 $ 5,765 $18,884 $31,336
Gregory S. Humenesky ................. 2008 $ 0 $ 0 $ 1,240 $ 1,240
Jay R. Jacobs ........................ 2008 $6,808 $10,852 $19,606 $37,266
2007 $6,687 $11,534 $18,884 $37,105
Phil E. Schneider ..................... 2008 $2,498 $ 4,077 $ 3,748 $10,323
(Employment ended 2007 $5,815 $ 8,711 $ 8,504 $23,030
August 6, 2007)
David A. Walker ...................... 2008 $5,100 $10,783 $ 6,500 $22,383
2007 $4,488 $ 8,711 $ 6,500 $19,699
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