Guy Gecht - Sep 13, 2023 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
Interim CEO, Director
Signature
/s/ Justine Lloyd as attorney in fact for Guy Gecht
Stock symbol
LOGI
Transactions as of
Sep 13, 2023
Transactions value $
-$13,444
Form type
4
Date filed
9/15/2023, 08:04 PM
Previous filing
Sep 16, 2022
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Award $0 +3.18K +28.22% $0.00 14.4K Sep 13, 2023 Direct F1
transaction LOGI Registered Shares Award $76.1K +1.08K +7.47% $70.51 15.5K Sep 13, 2023 Direct F2, F3
transaction LOGI Registered Shares Tax liability -$89.5K -1.28K -8.22% $70.16 14.2K Sep 14, 2023 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 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 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 62.94, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.12031, as in effect on September 13, 2023.
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 RSUs.
F5 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.