THOMAS TOM M 4
4 · PIER 1 IMPORTS INC/DE · Filed Jan 5, 2009
Insider Transaction Report
Form 4
THOMAS TOM M
Director
Transactions
- Award
common stock
2009-01-02$0.40/sh+10,937.5$4,375→ 195,334.44 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, as amended. The deferred stock units are with respect to non-employee director compensation for the period January 2009 through February 2009, pursuant to the Issuer's non-employee director compensation plan, as amended. The deferred stock units were credited to the reporting person's deferred stock units account, which account is maintained by the Issuer, on January 2, 2009, and are to be settled within thirty (30) days after the person ceases being a member of the Board of Directors, subject to adjustment for the period of service as a Director. Each deferred stock unit is the economic equivalent of one share of the Issuer's common stock.
- [F2]Mr. Thomas's direct ownership consists of 50,000 shares held directly; and 145,334.44 shares held by the Directors Deferred Stock Unit Program as fully described in footnote 1.