AI assistant
Logitech International S.A. — Director's Dealing 2023
Sep 15, 2023
922_dirs_2023-09-15_d90725f8-34e1-476b-baf3-a651707ca771.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOGITECH INTERNATIONAL S.A. (LOGI)
CIK: 0001032975
Period of Report: 2023-09-13
Reporting Person: GECHT GUY (Director, Interim CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-13 | Registered Shares | A | 3178 | $0.00 | Acquired | 14441 | Direct |
| 2023-09-13 | Registered Shares | A | 1079 | $70.51 | Acquired | 15520 | Direct |
| 2023-09-14 | Registered Shares | F | 1276 | $70.16 | Disposed | 14244 | Direct |
Footnotes
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: Shares issued to the Reporting Person under the Logitech International S.A. 2006 Stock Incentive Plan in lieu of cash compensation for Board fees, at the election of the Reporting Person.
F3: The reported amount represents the purchase price on the SIX Swiss Exchange of CHF 62.94, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.12031, as in effect on September 13, 2023.
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 previously reported RSUs.
F5: 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.