SEC Form 4 · accession 0001183887-15-000106
PIER 1 IMPORTS INC/DE · PIR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Humenesky
Officer — Exec Vice Pres/Human Resources
Period of report
Apr 16, 2015
Accepted (ET)
Apr 17, 2015 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000278130
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Apr 16, 2015 | M | 20,000 | $7.45 | A | 123,454 | D | |
| common stockF1 | Apr 16, 2015 | S | 20,000 | $13.3203 | D | 103,454 | D | |
| common stock | Apr 16, 2015 | G | 2,000 | $0.00 | D | 101,454 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $7.45 | Apr 16, 2015 | M | 20,000 | D | — | Apr 11, 2018 | common stock | 20,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.31 to $13.33, inclusive. The reporting person undertakes to provide Pier 1 Imports, Inc., any security holder of Pier 1 Imports, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F2The option vested in four equal installments on April 11, 2009, 2010, 2011 and 2012.