Pier 1 2011 Annual Report Download - page 89

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Please find page 89 of the 2011 Pier 1 annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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If you are a beneficial owner of shares, the voting instructions you receive from your broker, bank or other
holder of record will show the shares of Pier 1 Imports’ common stock held by it on your behalf.
What happens if I do not give specific voting instructions?
If you are a shareholder of record and you:
• indicate when voting on the Internet or by telephone that you wish to vote as recommended by the
board of directors, or
• sign and return a proxy card without giving specific instructions,
then the proxy holders will vote your shares in the manner recommended by the board of directors on all matters
presented in this proxy statement and as the proxy holders may determine in their discretion with respect to any
other matters properly presented for a vote at the annual meeting. See the response to the question below captioned
“Could other matters be decided at the annual meeting?”.
If you are a beneficial owner of shares and do not provide your broker, bank or other holder of record with
specific voting instructions, then under the rules of the New York Stock Exchange, the holder of record may only
vote on matters for which it has discretionary power to vote. If your broker, bank or other holder of record does not
receive instructions from you on how to vote your shares and such holder does not have discretion to vote on the
matter, then that holder will inform the inspector of election that it does not have the authority to vote on the matter
with respect to your shares.
Who will count the vote?
Representatives of Pier 1 Imports’ transfer agent, Mellon Investor Services LLC, will tabulate the votes and act
as inspector of election.
Is there a list of shareholders entitled to vote at the annual meeting?
The names of shareholders of record entitled to vote at the annual meeting will be available at the annual
meeting and for ten days prior to the meeting for any purpose germane to the meeting, between the hours of 8:30
a.m. and 5:00 p.m., local time, at our corporate headquarters at 100 Pier 1 Place, Fort Worth, Texas 76102, by
contacting our corporate secretary at (817) 252-8000.
What constitutes a quorum?
The presence of the holders of a majority of the outstanding shares of common stock entitled to vote at the
annual meeting, present in person or represented by proxy, is necessary to constitute a quorum.
How are abstentions and “broker non-votes” counted in determining the presence of a quorum?
Abstentions and “broker non-votes” are counted as present and entitled to vote for purposes of determining a
quorum. A “broker non-vote” occurs when a broker, bank or other holder of record holding shares for a beneficial
owner does not vote on a particular proposal because that holder does not have discretionary voting power for that
particular item and has not received instructions from the beneficial owner.
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