Pier 1 Imports 2017 Long-Term Equity Incentive Awards for Named Executive Officers

Summary

Pier 1 Imports, Inc. granted time-based restricted stock awards to four executive officers under its 2015 Stock Incentive Plan. The awards, effective April 15, 2016, specify the number of shares each executive will receive, subject to time-based vesting. The agreement outlines the terms for these equity grants, which are intended as long-term incentives for the executives' continued service.

EX-10.1 2 a51325726ex101.htm EXHIBIT 10.1
 
Exhibit 10.1


Fiscal Year 2017 Long-Term Equity Incentive Awards
(Restricted Stock Time-Based Vesting)

 
 
 
Named
Executive Officer
Restricted Stock* (Time-
Based Vesting) (#)
 
 
Jeffrey N. Boyer
 
 
Executive Vice President,
Chief Financial Officer
                30,302
 
 
Michael R. Benkel
 
 
Executive Vice President,
Global Supply Chain
                21,818
 
 
Laura A. Coffey
 
 
Executive Vice President,
Planning and Allocations
                13,787
 
 
Catherine David
 
 
 
Executive Vice President,
Merchandising
                27,272


*
These equity awards were granted under the Pier 1 Imports, Inc. 2015 Stock Incentive Plan. The form of time-based restricted stock award agreement is attached as Exhibit 10.2. The grants were effective April 15, 2016.