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Logitech International S.A. — Director's Dealing 2014
May 22, 2014
922_dirs_2014-05-22_af71e11f-7fde-4ba3-8de2-a71b19c4e02c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOGITECH INTERNATIONAL SA (LOGI)
CIK: 0001032975
Period of Report: 2014-05-14
Reporting Person: Sullivan L Joseph (Sr. VP, Worldwide Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-14 | Registered Shares | A | 5200 | $0.0 | Disposed | 121435 | Direct |
| 2014-05-20 | Registered Shares | A | 8670 | $13.38 | Acquired | 130105 | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents the right to receive, following vesting, one Logitech share. The RSUs vest and convert into shares in four equal annual installments. The first installment vests on April 15, 2015, and the next three vest on April 15, 2016, April 15, 2017 and April 15, 2018.
F2: Pursuant to the Company's stock ownership guidelines, the shares were issued in lieu of a portion of Reporting Person's cash bonus under the Company's Fiscal Year 2014 Leadership Team Bonus Program as a result of Reporting Person having not yet met the prescribed level of stock ownership.
F3: The price used for determining the number of shares issued to the Reporting Person under the Company's Fiscal Year 2014 Leadership Team Bonus Program was based on the average closing price per shares as reported on NASDAQ over a thirty day period ending May 20, 2014.