Pier 1 2014 Annual Report Download - page 95

Download and view the complete annual report

Please find page 95 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
Security Ownership of Certain Beneficial Owners
The following table indicates the ownership by each person who is known by Pier 1 Imports as of April 23, 2014, to beneficially
own more than 5% of Pier 1 Imports’ common stock:
Name and Address of Beneficial Owner
Common Shares
Beneficially
Owned
Percent
of
Class
Columbia Wanger Asset Management, LLC 9,350,150 (1) 9.89%
227 West Monroe Street, Suite 3000
Chicago, IL 60606
Wellington Management Company, LLP 6,409,983 (2) 6.78%
280 Congress Street
Boston, MA 02210
The Vanguard Group, Inc. 5,626,073 (3) 5.95%
100 Vanguard Blvd.
Malvern, PA 19355
BlackRock, Inc. 5,487,917 (4) 5.81%
40 East 52nd Street
New York, NY 10022
(1) This information was obtained from a Schedule 13G/A filed with the SEC on February 6, 2014, by Columbia Wanger Asset Management, LLC and Columbia Acorn Fund. The filing indicates
that Columbia Wanger Asset Management, LLC (“CWAM”) does not directly own any of the shares listed. The filing further indicates that as the investment advisor of Columbia Acorn Fund
and various other investment companies and managed accounts, CWAM may be deemed to beneficially own the shares reported by Columbia Acorn Fund. Accordingly, the filing indicates
that the shares reported by CWAM include those shares separately reported by Columbia Acorn Fund. According to the filing, the shares listed include 7,185,000 shares (6.9% of class) held
by Columbia Acorn Fund over which it claims to have sole voting and dispositive power.
(2) This information was obtained from a Schedule 13G filed with the SEC on February 14, 2014, by Wellington Management Company, LLP. The filing indicates that Wellington Management, in
its capacity as investment advisor, may be deemed to beneficially own the shares listed, which are held of record by its clients. The filing further indicates that Wellington Management has
shared voting power over 5,239,966 shares and shared dispositive power over 6,409,983 of the shares.
(3) This information was obtained from a Schedule 13G/A filed with the SEC on February 11, 2014, by The Vanguard Group, Inc. as beneficial owner of the shares listed. The filing indicates that
the beneficial owner has sole voting power over 139,987 of the shares listed, sole dispositive power over 5,493,586 of the shares listed and shared dispositive power over 132,487 of the
shares listed. According to the filing, the shares listed include shares held by Vanguard Fiduciary Trust Company, a wholly-owned subsidiary of The Vanguard Group, Inc., who is the
beneficial owner of 132,487 shares or 0.12% of the common stock outstanding of Pier 1 Imports as a result of its serving as investment manager of collective trust accounts. The filing also
indicates that the shares listed also include shares held by Vanguard Investments Australia, Ltd., a wholly-owned subsidiary of The Vanguard Group, Inc., which is the beneficial owner of
7,500 shares or 0.00% of the common stock outstanding of Pier 1 Imports as a result of its serving as investment manager of Australian investment offerings.
(4) This information was obtained from a Schedule 13G/A filed with the SEC on January 30, 2014, by BlackRock, Inc. as beneficial owner of the shares listed. The filing indicates that the
beneficial owner has sole voting over 5,196,739 shares and sole dispositive power over all of the shares listed.
PIER 1 IMPORTS, INC. 2014 Proxy Statement 17