Prakash Arunkundrum - 15 May 2021 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
Officer title: Head of Global Operations & Sustainability
Signature
/s/ Jon Shanberge as attorney in fact for Prakash Arunkundrum
Issuer symbol
LOGI
Transactions as of
15 May 2021
Net transactions value
-$1,015,083
Form type
4
Filing time
18 May 2021, 17:14:37 UTC
Next filing
16 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Award $0 +19,440 +32% $0.000000 79,544 15 May 2021 Direct F1
transaction LOGI Registered Shares Tax liability $1,015,083 -9,639 -12% $105.31 69,905 15 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 weighted average revenue growth, total shareholder return (TSR) relative to the other companies in the NASDAQ 100 and non-GAAP operating income, each over a three-year period from April 1, 2018 through March 31, 2021.
F2 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 PSUs.

Remarks:

Officer title: Head of Global Operations & Sustainability