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

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Pier 1 Imports, Inc. granted long-term equity incentive awards in the form of restricted stock with performance-based vesting to several executive officers, including the CFO and other EVPs. The awards, made under the company's 2015 Stock Incentive Plan, specify the number of shares each executive will receive, subject to performance conditions. The grants became effective on May 24, 2016, and are governed by the plan and related award agreements.

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EX-10.1 2 a51350716ex10_1.htm EXHIBIT 10.1
EXHIBIT 10.1


Fiscal Year 2017 Long-Term Equity Incentive Awards
(Restricted Stock Performance-Based Vesting)
 
 
Named
Executive Officer
Restricted Stock*
(Performance-Based
 Vesting) (#)
Restricted Stock*
 (Performance-Based Vesting
ROIC) (#)
     
     
Jeffrey N. Boyer
    
 
Executive Vice President,
Chief Financial Officer
49,999
50,001
     
     
Michael R. Benkel
    
 
Executive Vice President,
Global Supply Chain
35,998
36,000
     
     
Laura A. Coffey
    
 
Executive Vice President,
Planning and Allocations
22,748
22,752
 
 
Catherine David
    
 
Executive Vice President,
Merchandising
44,998
45,001
     
     
Eric W. Hunter
    
 
Executive Vice President,
Marketing
43,498
43,502
 
*These equity awards were granted under the Pier 1 Imports, Inc. 2015 Stock Incentive Plan.  The respective forms of award agreements are attached as Exhibits 10.2 and 10.3.  The grants were effective May 24, 2016.