PIER 1 IMPORTS INC/DE 4
4 · PIER 1 IMPORTS INC/DE · Filed Feb 1, 2007
Insider Transaction Report
Form 4
HOAK JAMES M JR
Director
Transactions
- Award
common stock
2007-02-01$6.80/sh+1,387.94$9,438→ 169,437.11 total
Footnotes (2)
- [F1]Deferred stock units pursuant to a Director Deferred Stock Unit Award for Non-Employee Directors granted under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan during the month ended January 2007. The deferred units were credited to the reporting person's deferred units account, which account is maintained by the Issuer, on February 1, 2007 and are to be settled, no earlier than, the first day of the month following ninety days after the person ceases being a member of the Board of Directors unless delayed further pursuant to the Plan. Each deferred unit is the economic equivalent of one share of the Issuer's common stock.
- [F2]Mr. Hoak's direct ownership consits of 107,686 shares held directly; and 61,751.11 shares held by the Directors Deferred Stock Program as fully described in footnote 1.