Prakash Arunkundrum - Feb 23, 2024 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Signature
/s/ Justine Lloyd as attorney in fact for Prakash Arunkundrum
Stock symbol
LOGI
Transactions as of
Feb 23, 2024
Transactions value $
-$1,507,652
Form type
4
Date filed
2/27/2024, 09:30 PM
Previous filing
Feb 6, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Sale -$62.9K -699 -1.02% $90.00 67.8K Feb 23, 2024 Direct F1
transaction LOGI Registered Shares Options Exercise $627K +16.2K +23.92% $38.65 84.1K Feb 26, 2024 Direct F1
transaction LOGI Registered Shares Sale -$1.46M -16.2K -19.3% $90.00 67.8K Feb 26, 2024 Direct F1
transaction LOGI Registered Shares Sale -$611K -6.79K -10.01% $90.00 61.1K Feb 26, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LOGI Stock Option (right to buy) Options Exercise $0 -16.2K -29.55% $0.00 38.7K Feb 26, 2024 Registered Shares 16.2K $38.65 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 3, 2023.
F2 This stock option for a total number of 64,923 underlying shares was granted on March 15, 2019. The option vested as follows: 16,231 shares on each of March 15, 2020 and March 15, 2021, and 32,461 shares on March 15, 2022.