Pier 1 2010 Annual Report Download - page 108

Security Ownership of Management
The following table indicates the ownership of Pier 1 Imports’ common stock by each director and nominee,
each executive officer named in the Summary Compensation Table below, and all directors and executive officers
as a group, as of April 30, 2010, unless otherwise indicated below:
Name of Beneficial Owner
Common
Shares
Beneficially
Owned(1)(2)
Percent
of
Class
Michael R. Benkel ............................ 39,000 *
John H. Burgoyne ............................ 273,824 *
Michael R. Ferrari ............................ 230,002 *
Gregory S. Humenesky ........................ 206,904 *
Karen W. Katz ............................... 239,622 *
Sharon M. Leite .............................. 108,526 *
Terry E. London .............................. 187,526 *
Alexander W. Smith .......................... 2,935,000 2.47%
Cece Smith .................................. 209,939 *
Charles H. Turner ............................ 788,909 *
All directors and executive officers
as a group (13 individuals)(3) 5,692,474 4.70%
* Represents less than 1% of the outstanding shares of the class.
(1) The table includes shares that the person has the right to acquire within 60 days of April 30, 2010 upon the
exercise of stock options granted pursuant to Pier 1 Imports’ stock option plans: Mr. Benkel (7,500 shares);
Mr. Burgoyne (42,000 shares, of which 6,000 shares expire June 23, 2010), Mr. Ferrari (42,000 shares, of which
6,000 shares expire June 23, 2010), Mr. Humenesky (122,500 shares), Mrs. Katz (41,000 shares), Ms. Leite
(37,500 shares), Mr. London (23,000 shares), Mr. Smith (2,000,000 shares), Ms. Smith (0 shares), Mr. Turner
(552,500 shares), and to all directors and executive officers as a group (3,152,500 shares).
(2) The table includes DSU’s as of April 30, 2010 for Mr. Burgoyne (221,387 DSU’s), Mr. Ferrari (185,102
DSU’s), Mrs. Katz (198,622 DSU’s), Mr. London (164,526 DSU’s), and Ms. Smith (173,939 DSU’s). The
DSU’s will be exchanged one-for-one for shares of Pier 1 Imports’ common stock within five days after the
director ceases to be a member of the board of directors, subject to adjustment, if any, as described above under
the caption “Non-Employee Director Compensation for the Fiscal Year Ended February 27, 2010”. A DSU is
the economic equivalent of one share of Pier 1 Imports’ common stock.
(3) Robert B. Holland, III resigned as a director on April 19, 2010. As of that date, Mr. Holland did not hold any
unexercised stock option awards, and the balance in his DSU account, after adjustment for the period of service
following his resignation, was 150,083, and he was the beneficial owner of 25,000 shares of Pier 1 Imports’
common stock.
Security Ownership of Certain Beneficial Owners
The following table indicates the ownership by each person who is known by Pier 1 Imports as of April 30,
2010 to beneficially own more than 5% of Pier 1 Imports’ common stock:
Name and
Address of
Beneficial Owner
Common
Shares
Beneficially
Owned
Percent
of
Class
Greek Investments, Inc. 12,348,978(1) 10.68%
Harbour House Queen Street
Grand Turk
Turks and Caicos Islands
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