Pier 1 2012 Annual Report Download - page 129

Download and view the complete annual report

Please find page 129 of the 2012 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.

Page out of 136

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136

Name
Executive
Contributions in
Last Fiscal
Year(1)
($)
Registrant
Contributions in
Last Fiscal Year(2)
($)
Aggregate
Earnings in Last
Fiscal Year
($)
Aggregate
Withdrawals /
Distributions
($)
Aggregate
Balance at Last
Fiscal Year-
End(5)
($)
Alexander W. Smith
BRP II
DCP
$0
$144,375
$0
$43,313
$8,675(3)
$8,037(4)
$0
$0
$150,681
$211,539
Charles H. Turner
BRP II
DCP
$ 5,175
$ 5,894
$ 5,175
$ 5,894
$6,201(3)
$ 743(4)
$0
$0
$109,036
$ 13,599
Catherine David
BRP II
DCP
$ 81,841
$ 93,558
$12,276
$15,375
$6,567(3)
$4,324(4)
$0
$0
$126,067
$123,916
Gregory S. Humenesky
BRP II
DCP
$ 74,250
$ 62,906
$11,138
$12,684
$8,234(3)
$4,141(4)
$0
$0
$153,902
$ 82,792
Sharon M. Leite
BRP II
DCP
$ 3,900
$ 6,192
$ 3,900
$ 4,644
$ 854(3)
$ 381(4)
$0
$0
$ 15,821
$ 12,636
(1) Reflects participation by the named executive officers during fiscal 2012. Executive contribution amounts are
included in each named executive officer’s salary amount in the table included under the caption “Summary
Compensation Table for the Fiscal Years Ended February 25, 2012, February 26, 2011 and February 27, 2010”
above.
(2) Reflects Pier 1 Imports’ matching contribution credited to the account of each named executive officer. These
amounts are also included as All Other Compensation in the table included under the caption “Summary
Compensation Table for the Fiscal Years Ended February 25, 2012, February 26, 2011 and February 27, 2010”
above.
(3) Reflects interest earnings on compensation deferrals plus applicable matching contributions. The interest
earnings are the total amount of interest payments received.
(4) Reflects the appreciation or depreciation of the deemed investment crediting options held in the participant’s
DCP account.
(5) Messrs. Smith, Turner and Humenesky and Ms. Leite are fully vested in BRP II. Ms. David is 60% vested in
BRP II matching contributions and interest earned on those contributions.
Potential Payments upon Termination or Change in Control
The following table shows potential payments to our named executive officers under existing contracts,
agreements, plans or arrangements to which they are a party for various scenarios including a change in control or
termination of employment, assuming the event occurred on February 25, 2012 and, where applicable, using the
closing price of Pier 1 Imports’ common stock of $16.44 (the NYSE closing price on February 24, 2012). The table
below does not include normal (versus early) retirement payout information because as of February 25, 2012 none
of the named executive officers who participate in Pier 1 Imports’ Supplemental Retirement Plan was eligible for
normal retirement. For additional information regarding the Supplemental Retirement Plan, see the information
above under the caption “Pension Benefits Table for the Fiscal Year Ended February 25, 2012.” Potential payments
to our named executive officers upon termination of employment under Pier 1 Imports’ non-qualified deferred
compensation arrangements are discussed above under the caption “Non-Qualified Deferred Compensation Table
for the Fiscal Year Ended February 25, 2012.”
These disclosures are based on the terms and provisions of the agreements, plans and arrangements as they
existed at the end of Pier 1 Imports’ fiscal 2012, and Pier 1 Imports’ interpretation of those terms and provisions at
47