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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Stock Options (right to buy) | $ 7.83 (3) | 08/05/2016 | M | 225,000 | (4) | 01/04/2023 | Registered Shares | 225,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stolk Marcel C/O LOGITECH INTERNATIONAL S.A. LES CHATAGNIS APPLES, V8 1143 |
SVP, CCP Business Group |
/s/ Jon Shanberge as attorney in fact for Marcel Stolk | 08/09/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reported amount represents the purchase price on the SIX Swiss Exchange of CHF 7.25, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.02426, as in effect on August 5, 2016. |
(2) | The reported amount represents the weighted average sales price on the SIX Swiss Exchange of CHF 19.88, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.02426, as in effect on August 5, 2016. Actual sales prices ranged from CHF 19.80 to CHF 19.95, or U.S. $20.28 to U.S. $20.43. The reporting person undertakes to provide to Logitech, any security holder of Logitech, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. |
(3) | The reported amount represents the exercise price on the SIX Swiss Exchange of CHF 7.25, as converted into U.S. dollars at the CHF exchange rate as in effect on the date of grant. |
(4) | The option vested and became exercisable on January 4, 2015 or later if and only when the average closing price per share of the Company's shares on the NASDAQ Stock Market over a consecutive 90 day period met or exceeded the following performance criteria during the first four years after the date of grant: 25% vest at $11.75, 25% vest at $13.70, and 50% vest at $15.66. |