Pier 1 2014 Annual Report Download - page 78

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EQUITY COMPENSATION PLAN INFORMATION 25
PROPOSAL NO. 3 – To Adopt a Non-binding, Advisory Resolution to Approve the Compensation of Pier 1 Imports’ Named
Executive Officers as Disclosed Pursuant to the Compensation Disclosure Rules of the Securities and Exchange
Commission, Including the Compensation Discussion and Analysis, Compensation Tables and Narrative Discussion Below
Under the Caption “Executive Compensation” 25
PROPOSAL NO. 4 – Ratification of the Audit Committee’s Engagement of Ernst & Young LLP as Pier 1 Imports’
Independent Registered Public Accounting Firm for Fiscal 2015 26
Relationship with Independent Registered Public Accounting Firm 26
Independent Registered Public Accounting Firm Fees 27
Pre-approval of Nonaudit Fees 27
AUDIT COMMITTEE REPORT 28
EXECUTIVE COMPENSATION 29
Compensation Committee Report 29
Compensation Discussion and Analysis 29
Executive Summary 29
Compensation Policies, Principles, Objectives and Practices 32
Advisory Vote on Executive Compensation; Shareholder Engagement Efforts 33
Executive Compensation Components 35
Compensation Determinations and Role of Executive Officers 40
Pier 1 Imports’ Policy on Share Ownership 40
Pier 1 Imports’ Policy on Section 162(m) 40
Clawback Policy 41
Compensation Risk 41
Summary Compensation Table for the Fiscal Years Ended March 1, 2014, March 2, 2013 and February 25, 2012 41
Grants of Plan-Based Awards for the Fiscal Year Ended March 1, 2014 43
Outstanding Equity Awards Table for the Fiscal Year Ended March 1, 2014 44
Option Exercises and Stock Vested Table for the Fiscal Year Ended March 1, 2014 46
Pension Benefits Table for the Fiscal Year Ended March 1, 2014 46
Non-Qualified Deferred Compensation Table for the Fiscal Year Ended March 1, 2014 47
Potential Payments upon Termination or Change in Control 49
OTHER BUSINESS 52
SHAREHOLDER PROPOSALS FOR 2015 ANNUAL MEETING OF SHAREHOLDERS 52
YOUR VOTE IS IMPORTANT 52
APPENDIX A – FIRST AMENDMENT TO PIER 1 IMPORTS, INC. STOCK PURCHASE PLAN 53
DRIVING DIRECTIONS FOR THE PIER 1 IMPORTS, INC. ANNUAL MEETING OF SHAREHOLDERS 54