Pier 1 Imports 2015 Long-Term Equity Incentive Awards for Named Executive Officers

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This document outlines the long-term equity incentive awards granted in fiscal year 2015 to four executive officers of Pier 1 Imports, Inc. The awards consist of restricted stock with both performance-based and time-based vesting, granted under the company's 2006 Stock Incentive Plan. The grants specify the number of shares awarded to each executive and the performance criteria, with the awards effective as of April 11, 2014.

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EX-10.1 2 a50846713ex10_1.htm EXHIBIT 10.1 a50846713ex10_1.htm

 
EXHIBIT 10.1


Named Executive Officers Long-Term Equity Incentive Fiscal Year 2015 Awards


Executive Officer
Restricted Stock*
(Performance-
Based Vesting) (#)
Restricted Stock*
(Time-Based
Vesting) (#)
Restricted Stock*
(Performance-
Based Vesting
TSR) (#)
Restricted Stock*
(Performance-
Based Vesting
e-Comm Sales) (#)
Charles H. Turner
        
 
Senior Executive Vice President,
Chief Financial Officer
8,686
9,927
6,202
9,307
           
           
Michael R. Benkel
        
 
Executive Vice President,      
Planning and Allocations
6,583
7,523
4,702
7,052
 
         
Catherine David
        
 
Executive Vice President,
Merchandising
7,863
8,986
5,617
8,425
           
           
Sharon M. Leite
        
 
Executive Vice President,
Sales and Customer Experience
7,314
8,359
5,225
7,837

 
  * 
All equity awards were granted under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan, restated as amended through March 25, 2011.  The respective forms of award agreements are attached as Exhibits 10.2, 10.3, 10.4 and 10.5.  The grants were effective April 11, 2014.