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Logitech International S.A. — Director's Dealing 2023
Sep 15, 2023
922_dirs_2023-09-15_69cc4ce3-bbe8-4ea7-84e6-b8f6c18f3f2b.zip
Director's Dealing
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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: Bugnion Edouard (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-13 | Registered Shares | A | 3178 | $0.00 | Acquired | 45018 | Direct |
| 2023-09-14 | Registered Shares | F | 236 | $70.16 | Disposed | 44782 | 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: 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.
F3: 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.