X0305 4 2012-05-25 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001409076 Leite Sharon M 100 PIER 1 PLACE FT. WORTH TX 76102 0 1 0 0 Exec. Vice President - Stores common stock 2012-05-25 5 J 0 E 71.1445 16.365 A 104769.6511 D On May 25, 2012, the Pier 1 Imports, Inc. Stock Purchase Plan, restated as amended, purchased in a transaction exempt under Rule 16b-3(c), 71.1445 shares of common stock for the reporting person's account. Such shares were purchased at approximately $16.3650 per share, the average of the closing prices of the Issuer's common stock on the New York Stock Exchange for each Friday in the month of May 2012 during which contributions and reinvested dividends were credited to the reporting person's account for the purchase of common stock. /s/ Sharon M. Leite By: Michael A. Carter, Atty-in-Fact 2012-05-30