Logitech International S.A. — Director's Dealing 2019

Apr 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOGITECH INTERNATIONAL SA (LOGI)
CIK: 0001032975
Period of Report: 2019-04-15

Reporting Person: Darrell Bracken (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-15	Registered Shares	A	28049	$0.00	Acquired	656951	Direct
2019-04-15	Registered Shares	A	126222	$0.00	Acquired	783173	Direct
2019-04-15	Registered Shares	F	120497	$41.24	Disposed	662676	Direct

Footnotes

F1: These shares were acquired pursuant to the vesting of performance share units (PSUs). The number of PSUs that vested was determined based on Logitech's total shareholder return (TSR) relative to the other companies in the NASDAQ 100 over a three-year period from April 1, 2016 through March 31, 2019.

F2: Includes 573 shares acquired under Issuer's Employee Share Purchase Plan on January 31, 2019.

F3: These shares were acquired pursuant to the vesting of performance share units (PSUs) granted on April 15, 2016. The number of PSUs that vested on April 15, 2019 was based on (i) the achievement of a performance-based vesting condition based on Logitech's Non-GAAP Operating Margin over the four-consecutive-fiscal-quarter period ended March 31, 2017, as determined by the Compensation Committee of Logitech, and (ii) the satisfaction of the third of the time-based vesting conditions that occur in three equal annual installments.

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 performance share units and previously reported restricted stock units.