Michael Polk - Sep 8, 2021 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
Director
Signature
/s/ Jon Shanberge as attorney in fact for Michael Polk
Stock symbol
LOGI
Transactions as of
Sep 8, 2021
Transactions value $
-$13,169
Form type
4
Date filed
9/10/2021, 07:47 PM
Previous filing
May 12, 2021
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Award $0 +2.16K +27.88% $0.00 9.92K Sep 8, 2021 Direct F1
transaction LOGI Registered Shares Award $85.2K +848 +8.55% $100.45 10.8K Sep 8, 2021 Direct F2, F3
transaction LOGI Registered Shares Tax liability -$98.4K -973 -9.03% $101.08 9.8K Sep 9, 2021 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents the right to receive, following vesting, one Logitech share. The RSU's vest in full on the first anniversary of the grant date or, if earlier and only if the director is not re-elected as a director at such annual general meeting, the date of the next annual general meeting following the grant date.
F2 Shares issued to the Reporting Person under the Logitech International S.A. 2006 Stock Incentive Plan in lieu of cash compensation for Board fees, at the election of the Reporting Person.
F3 The reported amount represents the purchase price on the SIX Swiss Exchange of CHF 92.48, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.08619, as in effect on September 8, 2021.
F4 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 previously reported restricted stock units.
F5 The reported amount represents the purchase price on the SIX Swiss Exchange of CHF 92.86, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.08854, as in effect on September 9, 2021.