X0303 4 2011-07-01 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001510546 DODDS HAMISH C/O PIER 1 IMPORTS, INC. 100 PIER 1 PLACE FT. WORTH TX 76102 1 0 0 0 common stock 2011-07-01 4 A 0 641.95 12.17 A 3855.58 D Deferred 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 deferred non-employee compensation for June 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 July 1, 2011, and are to be settled within five (5) business days after the person ceases being a member of the Board of Directors. Each deferred unit is the economic equivalent of one share of the Issuer's common stock. /s/ Hamish Dodds By: Christopher L. Mabe, Atty-in-Fact 2011-07-05