X0303 4 2009-03-27 0 0000278130 PIER 1 IMPORTS INC/DE PIR 0001346077 Carter Michael A 100 PIER 1 PLACE FT. WORTH TX 76102 0 1 0 0 Sr. Vice Pres./General Counsel common stock 2009-03-27 5 A 0 E 10336.5385 0.26 A 41354.1941 I By Stock Purchase Plan common stock 32663.8427 D On March 27, 2009, the Pier 1 Imports, Inc. Stock Purchase Plan, restated as amended June 20, 2008, purchased in a transaction exempt under Rule 16b-3, 10,336.5385 shares of common stock for the reporting person's account. Such shares were purchased at approximately $.26 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 March 2009 during which contibutions were credited to the reporting person's account for the purchase of common stock. /s/ Michael A. Carter 2009-03-30