Holland Robert B III 4
4 · PIER 1 IMPORTS INC/DE · Filed Mar 2, 2010
Insider Transaction Report
Form 4
Holland Robert B III
Director
Transactions
- Award
common stock
2010-03-01$6.78/sh+27,654.87$187,500→ 173,939.33 total
Holdings
- 25,000(indirect: By Spouse)
common stock
Footnotes (1)
- [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 March 2010 through February 2011, 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 March 1, 2010, and are to be settled within five (5) business 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.