Pier 1 Imports 2016 Long-Term Equity Incentive Awards (Time-Based Restricted Stock) for Named Executive Officers

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Pier 1 Imports granted time-based restricted stock awards to several executive officers, including Michael R. Benkel, Laura A. Coffey, Catherine David, and Sharon M. Leite. These awards were made under the company's 2006 Stock Incentive Plan and specify the number of shares each executive will receive, subject to time-based vesting. The grants became effective on April 10, 2015, and are governed by the terms of the plan and a standard award agreement.

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EX-10.1 2 a51081382ex10_1.htm EXHIBIT 10.1 a51081382ex10_1.htm
Exhibit 10.1
 
Fiscal Year 2016 Long-Term Equity Incentive Awards
(Restricted Stock Time-Based Vesting)
 
 
 
Named
Executive Officer
Restricted Stock*
(Time-Based Vesting) (#)
   
   
Michael R. Benkel
  
Executive Vice President,      
Planning and Allocations
10,917
   
   
Laura A. Coffey
  
Executive Vice President,
Interim Chief Financial Officer
6,898
   
   
Catherine David
  
Executive Vice President,
Merchandising
13,646
   
   
Sharon M. Leite
  
Executive Vice President,
Sales and Customer Experience
12,888
 

*These equity awards were granted under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan, restated as amended through March 25, 2011.  The form of time-based restricted stock award agreement is attached as Exhibit 10.2.  The grants were effective April 10, 2015.