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

Role
Director
Signature
/s/ Justine Lloyd as attorney in fact for Sascha Zahnd
Stock symbol
LOGI
Transactions as of
Sep 13, 2023
Transactions value $
-$16,558
Form type
4
Date filed
9/15/2023, 08:09 PM
Previous filing
Sep 15, 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 +76.21% $0.00 7.35K Sep 13, 2023 Direct F1
transaction LOGI Registered Shares Tax liability -$16.6K -236 -3.21% $70.16 7.11K Sep 14, 2023 Direct F2, F3
* 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 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.