FERRARI MICHAEL R 4
4 · PIER 1 IMPORTS INC/DE · Filed Oct 28, 2011
Insider Transaction Report
Form 4
FERRARI MICHAEL R
Director
Transactions
- Award
common stock
2011-10-28$12.01/sh+364.28$4,375→ 191,199.8 total
Footnotes (1)
- [F1]Director stock units pursuant to a Director Deferred Stock Unit Award for Non-Employee Directors under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan, restated as amended. The deferred stock units are with respect to the deferred non-employee compensation for October 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 October 28, 2011, and are to be settled within five (5) business days after the person ceases being a member of the Board of Diretors. Each deferred stock unit is the economic equivalent of one share of the Issuer's common stock.