Pier 1 2009 Annual Report Download - page 156

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past key executives. At February 28, 2009, the cash surrender value of these policies was $5,409,000.
These investments are restricted and may only be used to satisfy BRP obligations. Any future
contributions will be made at the discretion of the board of directors and may be made in the form of
cash or other assets such as life insurance policies.
Executive Registrant Aggregate Aggregate
Contributions in Contributions in Earnings in Aggregate Balance at
Last Fiscal Last Fiscal Last Fiscal Withdrawals / Last Fiscal
Year(1) Year(2) Year(3) Distributions(4) Year-End(5)
Name ($) ($) ($) ($) ($)
Charles H. Turner
BRP I ................. $ 0 $ 0 $ 0 $ 0 $ 0
BRP II ................ $ 7,740 $ 5,805 $ 4,734 $ 0 $ 71,694
Gregory S. Humenesky
BRP II ................ $ 0 $ 0 $ 3,557 $ 0 $ 52,124
Jay R. Jacobs
BRP I ................. $ 0 $ 0 $ 0 $ 0 $ 0
BRP II ................ $35,100 $10,530 $15,320 $ 0 $232,309
David A. Walker
(Employment ended August 15,
2008)
BRP I ................. $ 0 $ 0 $33,783 $102,193 $415,340
BRP II ................ $30,792 $15,396 $ 9,291 $151,733 $ 0
(1) Reflects participation by Messrs. Turner, Humenesky, Jacobs and Walker during fiscal 2009 in the
Pier 1 Imports Benefit Restoration Plan II. Executive contribution amounts are included in each
named executive officer’s salary amount in the Summary Compensation Table above.
(2) Reflects Pier 1 Imports’ matching contribution credited to the account of each named executive
officer described in footnote 1 above, pursuant to the BRP II. These amounts are also included as
All Other Compensation in the Summary Compensation Table above.
(3) Reflects interest earnings on compensation deferrals plus applicable matching contributions. The
interest earnings shown are the total amount of interest payments accrued. See footnote 5 to the
Summary Compensation Table above for the above market earnings portion of these interest
earnings in fiscal 2009.
(4) In fiscal 2009, BRP I and BRP II plan account distributions for Mr. Walker were made pursuant
to the end of his employment. Mr. Walker has elected and qualified for a 5-year installment
payment of his BRP I amount. No other withdrawals or distributions were made to the named
executive officers in fiscal 2009.
(5) All named executive officers listed in the table above are fully vested in the BRP I and BRP II
with the exception of Mr. Humenesky, who is 80% vested.
58