UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 21, 2007
PIER 1 IMPORTS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-7832 75-1729843
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification Number)
100 Pier 1 Place, Fort Worth, Texas 76102
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(Address of principal executive offices, including zip code)
817-252-8000
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(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions: (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(b) On March 21, 2007, James M. Hoak, Jr. informed the Company that
he will not stand for re-election to the Company's Board of
Directors. Mr. Hoak will serve the remainder of his term as
director until the Company's 2007 Annual Meeting of
Shareholders. Mr. Hoak cited that his decision was based on
his desire to focus more attention on other business and
personal matters, and not the result of any disagreement on
any matter relating to the Company's operations, policies or
practices.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PIER 1 IMPORTS, INC.
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Date: March 21, 2007 By: /s/ Michael A. Carter
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Michael A. Carter, Senior Vice
President and General Counsel, Secretary