Pier 1 2014 Annual Report Download - page 93

Download and view the complete annual report

Please find page 93 of the 2014 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

MATTERS RELATING TO CORPORATE GOVERNANCE, BOARD STRUCTURE, DIRECTOR COMPENSATION AND STOCK OWNERSHIP
The following table shows the Pier 1 Imports’ common stock closing price by month used to calculate the number of DSUs to be received for deferred director fees plus any Pier 1 Imports’
match, including the closing prices for the dividend payment dates. This closing price also represents the grant date fair value of each DSU in accordance with FASB ASC Topic 718.
Fiscal Month in which Fees were Earned
Closing Price of Pier 1
Imports’ Common Stock
on Last Trading Day of
each Fiscal Month
March 2013 $21.83
April 2013 $23.74
May 2013 $23.19
June 2013 $23.61
July 2013 $23.73
August 2013 $21.92
September 2013 $19.93
October 2013 $20.59
November 2013 $22.29
December 2013 $23.06
January 2014 $19.11
February 2014 $18.92
Date of Dividend Closing Price of Pier 1
Imports’ Common Stock
May 8, 2013 $23.97
August 7, 2013 $22.93
November 6, 2013 $20.91
February 5, 2014 $18.34
(3) The following table describes each component of All Other Compensation for fiscal 2014:
Fiscal 2014 All Other Compensation
Name Payments Relating to
Stock Purchase Plan (a) Other Expenses (b)
Total
All Other
Compensation
Claire H. Babrowski $ 7,500 — $ 7,500
Cheryl A. Bachelder N/A — —
John H. Burgoyne N/A — —
Hamish A. Dodds N/A — —
Brendan L. Hoffman N/A — —
Terry E. London N/A — —
Cynthia P. McCague
(elected October 17, 2013)
N/A — —
Michael A. Peel
(elected October 17, 2013)
N/A — —
Ann M. Sardini
(elected October 17, 2013)
$ 5,000 — $ 5,000
Cece Smith $43,750 — $43,750
(a) This column reports aggregate matching contributions to the account of each director who participated in the Stock Purchase Plan.
(b) Perquisites and personal benefits aggregating less than $10,000 are not shown.
PIER 1 IMPORTS, INC. 2014 Proxy Statement 15