Samantha Harnett - Feb 15, 2025 Form 4 Insider Report for LOGITECH INTERNATIONAL S.A. (LOGI)

Role
CHIEF LEGAL OFFICER
Signature
/s/ Farschad Farzan as attorney in fact for Samantha Harnett
Stock symbol
LOGI
Transactions as of
Feb 15, 2025
Transactions value $
-$665,030
Form type
4
Date filed
2/19/2025, 07:19 PM
Previous filing
Feb 5, 2025
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 +15.2K +207.5% $0.00 22.6K Feb 15, 2025 Direct F1
transaction LOGI Registered Shares Tax liability -$665K -6.33K -28.02% $105.06 16.3K Feb 15, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 inventory turns and cash flow from operations, each over a three-year period from July 1, 2023 to June 30, 2026 with partial vesting on February 15, 2025.
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 PSUs.