Bracken Darrell - May 15, 2021 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
President & CEO, Director
Signature
/s/ Jon Shanberge as attorney in fact for Bracken Darrell
Stock symbol
LOGI
Transactions as of
May 15, 2021
Transactions value $
-$9,303,612
Form type
4
Date filed
5/18/2021, 05:16 PM
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Award $0 +178K +23.99% $0.00 921K May 15, 2021 Direct F1
transaction LOGI Registered Shares Tax liability -$9.3M -88.3K -9.59% $105.31 832K May 15, 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.