Pier 1 Imports 2006 Stock Incentive Plan Executive Officer Equity Compensation Summary
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Summary
This document summarizes equity compensation awards granted to four executive officers of Pier 1 Imports, Inc. Each executive received 12,000 shares of restricted stock and 60,000 stock options under the company's 2006 Stock Incentive Plan. The grants were made effective April 13, 2007, with an exercise price of $7.77 per share, matching the NYSE closing price on that date. The agreement outlines the allocation and terms of these equity awards for the named executives.
EX-10.1 2 a5378358ex101.txt EXHIBIT 10.1 Exhibit 10.1 Executive Officer Equity Compensation Summary --------------------------------------------- Restricted Stock* (TimeVesting) Stock Options* Executive Officer (#) (#) Charles H. Turner 12,000 60,000 Executive Vice President, Finance, Chief Financial Officer and Treasurer Jay R. Jacobs 12,000 60,000 Executive Vice President, Merchandising Phil E. Schneider 12,000 60,000 Executive Vice President, Marketing David A. Walker 12,000 60,000 Executive Vice President, Planning and Allocations *All equity awards were granted under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan. The grants were effective April 13, 2007 at an exercise price of $7.77, which was the NYSE closing price on Friday, April 13, 2007 of the Company's common stock.
