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*
Bass Robert L

(Last) (First) (Middle)
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2019
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 06/19/2019 A 153,846 A $0 190,209(1) 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. Effective June 20, 2019, the Issuer effected a 1-for-20 reverse stock split of its common stock. Amounts shown on this Form 4 are pre-split. Following the reverse stock split, the reporting person beneficially owns 9,510 shares of the Issuer's common stock.
Remarks:
/s/ Robert L. Bass By: George R. McKown, Atty-in-Fact 06/21/2019
** 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 Robert E. Bostrom and George

R. McKown, signing singularly, the undersigneds true

and lawful attorney-in-fact to:



(1) prepare, execute in the undersigneds name and on the

undersigneds 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 a director 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 SEC 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-fact's 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-fact's 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 1st day of February, 2019.





                                    /s/ Robert L. Bass

                   Robert L. Bass

STATE OF TEXAS



COUNTY OF TARRANT



Before me, the undersigned authority, on this day personally

appeared Robert L. Bass, 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 consideration

therein expressed.



Given under my hand and seal of office this 1st day of February,

2019.







(seal)    /s/ Deanna Neal

    Notary Public in and for the           State of Florida

                                State of Texas

    My commission expires:  5-23-22