SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Benkel Michael R

(Last) (First) (Middle)
C/O PIER 1 IMPORTS, INC.
100 PIER 1 PLACE

(Street)
FORT WORTH TX 76102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PIER 1 IMPORTS INC/DE [ PIR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec VP-Global Supply Chain
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common stock 09/28/2018 J(1) V 1,153.8533 A $1.5 322,629.7131 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On September 28, 2018, the Pier 1 Imports, Inc. Stock Purchase Plan purchased in a transaction exempt under Rule 16b-3(c), 1,153.8533 shares of common stock for September 2018 contributions credited to the reporting person's account. Such shares were purchased at the closing price of the Issuer's common stock on the New York Stock Exchange on September 28, 2018.
Remarks:
/s/ Michael R. Benkel By: George R. McKown, III, Atty-in-Fact 10/02/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
      Exhibit 24 



LIMITED POWER OF ATTORNEY





KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby 

constitutes and appoints each of Michael A. Carter and George R.

McKown, III, signing singularly, the undersigned's true and lawful

attorney-in-fact to: 

      

(1) prepare, execute in the undersigned's name and on the 

undersigned's behalf, and submit to the United States 

Securities and Exchange Commission (the SEC) a Form ID, 

including amendments thereto, and any other documents 

necessary or appropriate to obtain codes and passwords 

enabling the undersigned to make electronic filings with the 

SEC of reports required by Section 16(a) of the Securities 

Exchange Act of 1934 or any rule or regulation of the SEC;



(2) execute for and on behalf of the undersigned, in the 

undersigneds capacity as an officer of Pier 1 Imports, Inc. 

(the Company), Forms 3, 4, and 5 in accordance with Section 

16(a) of the Securities Exchange Act of 1934 and the rules 

thereunder, and any other forms or reports the undersigned may 

be required to file in connection with the undersigneds 

ownership, acquisition, or disposition of securities of the 

Company;



(3) do and perform any and all acts for and on behalf of the 

undersigned which may be necessary or desirable to complete
 

and execute any such Form 3, 4, or 5, or other such form or 

report, and timely file such form or report with the United 

States Securities and Exchange Commission and any stock 

exchange or similar authority; and



(4) take any other action of any type whatsoever in connection 

with the foregoing which, in the opinion of such attorney-in-

fact, may be of benefit to, in the best interest of, or 

legally required by, the undersigned, it being understood that 

the documents executed by such attorney-in-fact on behalf of 

the undersigned pursuant to this Limited Power of Attorney 

shall be in such form and shall contain such terms and 

conditions as such attorney-in-fact may approve in such 

attorney-in-facts discretion.



The undersigned hereby grants to each such attorney-in-fact full 

power and authority to do and perform any and every act and thing 

whatsoever requisite, necessary, or proper to be done in the 

exercise of any of the rights and powers herein granted, as fully 

to all intents and purposes as the undersigned might or could do if 

personally present, with full power of substitution or revocation, 

hereby ratifying and confirming all that such attorney-in-fact, or 

such attorney-in-facts substitute or substitutes, shall lawfully 

do or cause to be done by virtue of this power of attorney and the 

rights and powers herein granted.  The undersigned acknowledges 

that the foregoing attorneys-in-fact, in serving in such capacity 

at the request of the undersigned, are not assuming, nor is the 

Company assuming, any of the undersigneds responsibilities to 

comply with Section 16 of the Securities Exchange Act of 1934.



This Limited Power of Attorney supersedes and replaces any power of 

attorney previously executed by the undersigned with respect to the 

above subject matter.  This Limited Power of Attorney shall remain 

in full force and effect until the undersigned is no longer 

required to file Forms 3, 4, and/or 5 with respect to the 

undersigneds holdings of and transactions in securities issued by 

the Company, unless earlier revoked by the undersigned in a signed 

writing delivered to the foregoing attorneys-in-fact or superseded 

and replaced by a later dated power of attorney.

      

IN WITNESS WHEREOF, the undersigned has caused this Limited Power 

of Attorney to be executed as of this 24th day September, 2018.





                                    /s/ Michael R. Benkel

                   Michael R. Benkel

STATE OF TEXAS



COUNTY OF TARRANT



Before me, the undersigned authority, on this day personally 

appeared Michael R. Benkel, known to me to be the person whose  

name is subscribed to the foregoing instrument and acknowledged 

to me that he executed the same for the purposes and consider- 

ation therein expressed.



Given under my hand and seal of office this 24th day of September,

2018.







(seal)    /s/ Janet V. Holbrook

    Notary Public in and for the

    State of Texas

                                My commission expires: 6-20-2020