Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Kinnison Donald L
 2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2009		 3. Issuer Name and Ticker or Trading Symbol
PIER 1 IMPORTS INC/DE [PIR]
(Last)
(First)
(Middle)
100 PIER 1 PLACE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr VP-Marketing & Visual Merch
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

FORT WORTH, TX 76102		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
common stock 21,632.362
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   (1) 09/14/2009 common stock 15,000 $ 5.8125 D  
Employee Stock Option (Right to Buy)   (2) 10/12/2010 common stock 15,000 $ 10.4375 D  
Employee Stock Option (Right to Buy)   (3) 09/27/2011 common stock 25,000 $ 8.26 D  
Employee Stock Option (Right to Buy)   (4) 09/26/2012 common stock 25,000 $ 20.38 D  
Employee Stock Option (Right to Buy)   (5) 09/25/2013 common stock 25,000 $ 19.4 D  
Employee Stock Option (Right to Buy)   (6) 06/28/2014 common stock 25,000 $ 17.25 D  
Employee Stock Option (Right to Buy)   (7) 07/01/2015 common stock 5,000 $ 14.25 D  
Employee Stock Option (Right to Buy)   (8) 06/23/2016 common stock 7,000 $ 7.55 D  
Employee Stock Option (Right to Buy)   (9) 04/13/2017 common stock 30,000 $ 7.77 D  
Employee Stock Option (Right to Buy)   (10) 04/11/2018 common stock 20,000 $ 7.45 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kinnison Donald L
100 PIER 1 PLACE
FORT WORTH, TX 76102		       Sr VP-Marketing & Visual Merch  

Signatures

/s/ Donald L. Kinnison By: Michael A. Carter, Atty-in-Fact 07/09/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) The option vested in four equal annual installments on September 14, 2000, September 14, 2001, September 14, 2002 and September 14, 2003.
(2) The option vested in four equal annual installments on October 12, 2001, October 12, 2002, October 12, 2003 and October 12, 2004.
(3) The option vested in four equal annual installments on September 27, 2002, September 27, 2003, September 27, 2004 and September 27, 2005.
(4) The option vested in four equal installmemts on September 26, 2003, September 26, 2004, September 26, 2005 and September 26, 2006.
(5) The option vested in four equal annual installments on September 25, 2004, September 25, 2005, September 25, 2006 and September 25, 2007.
(6) The option vested in four equal installments on June 28, 2005, June 28, 2006, June 28, 2007 and June 28, 2008.
(7) The option vested in four equal annual installments on July 1, 2006, July 1, 2007, July 1, 2008 and July 1, 2009.
(8) The option vests in four equal annual installments. The first three installments became exercisable on June 23, 2007, June 23, 2008 and June 23, 2009. The fourth installment becomes exercisable on June 23, 2010.
(9) The option vests in four equal annual installments. The first two installments became exercisable on April 13, 2008 and April 13, 2009. The next two installments become exercisable on April 13, 2010 and April 13, 2011.
(10) The option vests in four equal annual installments. The first installment became exerisable on April 11, 2009. The next three installments become exercisable on April 11, 2010, April 11, 2011 and April 11, 2012.
 
Remarks:
Exhibit List:
     Exhibit 24 - Limited Power of Attorney

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