SEC Form 4 · accession 0001183887-17-000163
PIER 1 IMPORTS INC/DE · PIR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Peel
Director
Period of report
Jul 28, 2017
Accepted (ET)
Jul 28, 2017 · 6:13 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 | Jul 28, 2017 | A | 3,332 | $4.69 | A | 92,118 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Deferred stock units pursuant to a Director Deferred Stock Unit Award for non-employee Directors granted under the Pier 1 Imports, Inc. 2015 Stock Incentive Plan. The deferred stock units are with respect to the deferred non-employee director compensation for July 2017, 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 July 28, 2017 and are to be settled within five (5) business days after the person ceases being a member of the Board of Directors. Each deferred stock unit is the economic equivalent of one share of the Issuer's common stock.