Pier 1 2011 Annual Report Download - page 125

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The above-market earnings on the non-qualified deferred compensation plan in which the below named
executive officers participated were:
Name
Fiscal
2011
Fiscal
2010
Fiscal
2009
Alexander W. Smith $519 $ 4 N/A
Charles H. Turner $656 $644 $364
Catherine David $ 66 N/A N/A
Gregory S. Humenesky $451 $468 $273
Sharon M. Leite $ 26 $ 0 N/A
Above-market earnings represent the difference between 120% of the long-term applicable federal rate at the
time the rate for the plan was selected and the annual interest credited in calendar years 2011, 2010, 2009 and
2008 of 5.99%, 7.47%, 7.39% and 7.03%, respectively, by Pier 1 Imports on salary deferred by the named
executive officers plus Pier 1 Imports match amounts under the Pier 1 Benefit Restoration Plan II described
below under the caption “Non-Qualified Deferred Compensation Table for the Fiscal Year Ended February 26,
2011.” Additional information about this plan and the indicated named executive officer’s participation is shown
in that table.
(8) The following table describes each component of All Other Compensation for fiscal 2011:
Fiscal 2011 All Other Compensation
Name
Tax
Gross-
ups(a)
Payments
Relating to
Employee
Savings
Plans(b)
Moving and
Relocation
Expenses(c)
Other
Expenses
Total
All Other
Compensation
Alexander W. Smith $ 0 $62,172 $ 0 $0 $ 62,172
Charles H. Turner $ 0 $22,864 $ 0 $0 $ 22,864
Catherine David $21,710 $21,937 $56,714 $0 $100,361
Gregory S. Humenesky $ 0 $12,932 $ 0 $0 $ 12,932
Sharon M. Leite $ 0 $13,486 $ 0 $0 $ 13,486
(a) All eligible employees of Pier 1 Imports are entitled, pursuant to our relocation policy, to have their wages
“grossed-up” to offset the effects of tax liability associated with non-deductible relocation and moving expenses
reimbursed to the employee. This column reports an amount of gross-up for taxes paid to Ms. David pursuant to
this policy for taxable reimbursements to Ms. David for non-deductible moving and relocation expenses from
her residence in Franklin, Tennessee to Fort Worth, Texas, and for non-deductible travel expenses paid by Pier 1
Imports for her travel between Franklin, Tennessee and Fort Worth, Texas during her period of relocation.
(b) This column reports Pier 1 Imports’ aggregate matching contributions to the named executive officer’s 401(k)
savings account, Benefit Restoration Plan II account, Deferred Compensation Plan account and Stock Purchase
Plan account.
41