Edouard Bugnion - 13 Sep 2023 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
Director
Signature
/s/ Justine Lloyd as attorney in fact for Edouard Bugnion
Issuer symbol
LOGI
Transactions as of
13 Sep 2023
Transactions value $
-$16,558
Form type
4
Filing time
15 Sep 2023, 21:03:55 UTC
Previous filing
16 Sep 2022
Next filing
06 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGI Registered Shares Award $0 +3.18K +7.6% $0.00 45K 13 Sep 2023 Direct F1
transaction LOGI Registered Shares Tax liability -$16.6K -236 -0.52% $70.16 44.8K 14 Sep 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.