Fiscal Year 2019 Long-Term Incentive Awards Agreement for Pier 1 Imports, Inc. Named Executive Officers
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Summary
This agreement outlines the long-term incentive awards granted to named executive officers of Pier 1 Imports, Inc. for fiscal year 2019. Executives, including the CEO and CFO, receive time-based and performance-based restricted stock awards under the company's 2015 Stock Incentive Plan. The performance-based awards are tied to adjusted earnings per share and are shown at maximum potential. The awards were granted effective June 29, 2018, and specify the number of shares allocated to each executive.
EX-10.1 2 a51833006ex10_1.htm EXHIBIT 10.1
Exhibit 10.1
Fiscal Year 2019 Long-Term Incentive Awards for Pier 1 Imports, Inc.
Named Executive Officers
June 29, 2018
| Named Executive Officer | Time-Based Restricted Stock* | Performance-Based Restricted Stock (EPS as adjusted)* |
| Alasdair B. James President and Chief Executive Officer | 250,000 | 500,000 |
| Nancy A. Walsh Executive Vice President and Chief Financial Officer | 104,545 | 209,090 |
| Michael R. Benkel Executive Vice President, Global Supply Chain | 49,090 | 98,182 |
| Bhargav J. Shah Senior Vice President, Chief Information Officer | 57,954 | 115,910 |
| Darla D. Ramirez Principal Accounting Officer and Vice President – Controller of Pier 1 Imports, Inc.’s Operating Subsidiaries | 22,500 | 15,000 |
*All equity awards were granted effective June 29, 2018 under the Pier 1 Imports, Inc. 2015 Stock Incentive Plan, as amended. The Performance-Based (EPS as adjusted) restricted stock award is shown at maximum performance.
