Pier 1 2016 Annual Report Download - page 96

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GOVERNANCE
The following table shows fiscal 2016 DSUs for each non-employee director given his or her deferral percentage and Pier 1 Imports’
match:
NAME
DEFERRAL
(%)
FISCAL
YEAR 2016
FEES
DEFERRED
($)
DSUs
CONVERTED
FROM
DEFERRED
FEES
(#)
DSUs
CONVERTED
FROM 25%
COMPANY
MATCH
(#)
DIVIDENDS
DEFERRED
DURING
FISCAL
YEAR 2016
($)
DSUs
CONVERTED
FROM
DEFERRED
DIVIDENDS
(#)
AGGREGATE
DSUs
OWNED AT
FISCAL 2016
YEAR-END
(#)
Claire H. Babrowski 0% $ 0 0 0 $ 0 0 0
Cheryl A. Bachelder 100% $175,000 22,950 4,918 $ 9,747 1,438 54,341
Hamish A. Dodds 50% $ 75,000 9,836 2,459 $ 8,277 1,170 38,580
Brendan L. Hoffman 50% $ 75,000 9,836 2,459 $ 8,277 1,170 38,580
Terry E. London 10% $ 27,500 3,606 492 $51,009 6,889 190,086
Cynthia P. McCague 50% $ 75,000 9,836 2,459 $ 3,727 557 21,871
Michael A. Peel 100% $150,000 19,672 4,918 $ 6,925 1,043 41,796
Ann M. Sardini 0% $ 0 0 0 $ 0 0 0
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 2015 $13.11
April 2015 $12.76
May 2015 $12.71
June 2015 $12.54
July 2015 $11.81
August 2015 $10.06
September 2015 $ 7.01
October 2015 $ 7.42
November 2015 $ 6.93
December 2015 $ 5.09
January 2016 $ 4.02
February 2016 $ 4.77
DATE OF DIVIDEND
CLOSING PRICE OF PIER 1 IMPORTS
COMMON STOCK
May 6, 2015 $12.88
August 5, 2015 $11.67
November 4, 2015 $ 7.86
February 3, 2016 $ 4.06
14 PIER 1 IMPORTS, INC. | 2016 Proxy Statement