X0202 4 2007-08-01 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001186382 SMITH CECE 1 0 0 0 common stock 2007-08-01 4 A 0 2480.16 6.3 A 2666.73 D Deferred stock units pursuant to a Director Deferred Stock Unit Award for Non-Employee Directors granted under the Pier 1 Imports, Inc. 2006 Stock Incentive Plan, as amended, for the month of July 2007. The deferred units were credited to the reporting person's deferred units account, which account is maintained by the Issuer, on August 1, 2007, and are to be settled within thirty (30) 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/ Cece Smith By: Michael A. Carter, Atty-in-Fact 2007-08-02