Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LOGI | Registered Shares | Award | $0 | +3.18K | +19.19% | $0.00 | 19.7K | Sep 13, 2023 | Direct | F1 |
transaction | LOGI | Registered Shares | Tax liability | -$15.7K | -224 | -1.13% | $70.16 | 19.5K | Sep 14, 2023 | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit (RSU) represents the right to receive, following vesting, one Logitech share. The RSUs vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next year's annual general meeting to the extent that the director is not re-elected at such meeting and is still providing service to the Issuer up to such meeting. |
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 previously reported RSUs. |
F3 | The reported amount represents the closing price on the SIX Swiss Exchange of CHF 62.74, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.1183, as in effect on September 14, 2023. |