4//SEC Filing
LOGITECH INTERNATIONAL SA 4
Accession 0001209191-17-027393
$LOGICIK 0001032975operating
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 9:18 PM ET
Size
11.0 KB
Accession
0001209191-17-027393
Insider Transaction Report
Form 4
Sullivan L Joseph
Sr. VP, Worldwide Operations
Transactions
- Award
Registered Shares
2017-04-15+4,477→ 244,076 total - Award
Registered Shares
2017-04-15+9,675→ 201,147 total - Award
Registered Shares
2017-04-15+38,452→ 239,599 total - Tax Payment
Registered Shares
2017-04-15$31.01/sh−29,412$912,066→ 214,664 total
Footnotes (5)
- [F1]Each restricted stock unit (RSU) represents the right to receive, following vesting, one Logitech share. The RSUs vest and convert into shares in four equal annual installments. The first installment vests on April 15, 2018, and the next three vest on April 15, 2019, April 15, 2020 and April 15, 2021.
- [F2]Includes shares acquired under issuer's Employee Share Purchase Plan of 811 shares on January 31, 2017.
- [F3]These shares were acquired pursuant to the vesting of performance share units (PSUs). The number of PSUs that vested was determined based on Logitech's total shareholder return (TSR) relative to the other companies in the NASDAQ 100 over a three-year period from April 1, 2014 through March 31, 2017.
- [F4]These shares were acquired pursuant to the vesting of performance share units (PSUs) granted on April 15, 2015. The number of PSUs that vested on April 15, 2017 was based on (i) the achievement of a performance-based vesting condition based on Logitech's Non-GAAP Operating Margin over the four-consecutive-fiscal-quarter period ended March 31, 2016, as determined by the Compensation Committee of Logitech, and (ii) the satisfaction of the second of the time-based vesting conditions that occur in three equal annual installments.
- [F5]In an exempt disposition to the issuer under rule 16b-3(e), the recipient remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of shares with respect to performance share units and previously reported restricted stock units.
Documents
Issuer
LOGITECH INTERNATIONAL SA
CIK 0001032975
Entity typeoperating
Related Parties
1- filerCIK 0001032975
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 9:18 PM ET
- Size
- 11.0 KB