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Logitech International S.A. — Director's Dealing 2014
Jan 24, 2014
922_dirs_2014-01-24_2afd8d57-3351-4e3f-bc0b-6ca64b1f0724.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: 2014-01-22
Reporting Person: Pilette Vincent (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-22 | Registered Shares | M | 147500 | — | Acquired | 531500 | Direct |
| 2014-01-22 | Registered Shares | F | 66228 | $13.22 | Disposed | 465272 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-22 | Performance Stock Units | $ | M | 147500 | Disposed | 2023-09-15 | Registered Shares (147500) | Direct |
Footnotes
F1: 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 performance stock units.
F2: Each performance stock unit (PSU) represented a contingent right to receive, following vesting, one Logitech share. The PSUs vested and converted into shares on the first trading day after the average closing price per share of the Company's shares on the NASDAQ Global Select Market over a 90-calender day period met or exceeded $12.00 per share.