Logitech 2012 Annual Report Download - page 160

The following table summarizes the total compensation earned or paid by Logitech during fiscal year 2012
to continuing members of the Board of Directors who were not executive officers as of March 31, 2012. Because
the table is based on Logitech’s fiscal year, and annual service for purposes of Board compensation is measured
between the dates of Logitech’s Annual General Meeting, held in September each year, the amounts in the table do
not necessarily align with the description of Board compensation above. The compensation paid to Guerrino De
Luca and Gerald Quindlen, the members of the Board of Directors that are or were Logitech executive officers as
of fiscal year-end or during fiscal year 2012, is presented in the Summary Compensation Table.
Non-Employee Director Summary Compensation for Fiscal Year 2012
Name
Fees Earned In
Cash ($)
Stock Awards
($) Total ($)
Daniel Borel ............................................. 79,616 139,466 219,082
Matthew Bousquette ....................................... 142,171 137,685 279,856
Erh-Hsun Chang .......................................... 108,050 137,685 245,735
Kee-Lock Chua ........................................... 128,522 137,685 266,207
Sally Davis .............................................. 111,462 139,466 250,928
Neil Hunt ................................................ 92,885 137,685 230,570
Richard Laube ............................................ 90,989 139,466 230,455
Monika Ribar ............................................ 125,110 139,466 264,576
The following table presents additional information with respect to the equity awards held as of March 31, 2012
by members of the Board of Directors who were not executive officers as of fiscal year-end.
In 2010, Logitech began granting RSUs instead of stock options to continuing non-employee directors.
The RSUs granted in fiscal years 2010 and 2011 fully vest on approximately the one-year anniversary date of
the grant.
Market value for stock options is calculated by taking the difference between the closing price of Logitech
shares on NASDAQ on the last trading day of the fiscal year ($7.80 on March 31, 2012) and the option exercise price,
and multiplying it by the number of outstanding options. Market value for RSUs is determined by multiplying the
number of shares by the closing price of Logitech shares on NASDAQ on the last trading day of the fiscal year.
Information regarding the option and stock awards held as of March 31, 2012 by Guerrino De Luca and
Gerald Quindlen, the only members of the Board of Directors that are or were Logitech executive officers as of such
date or during fiscal year 2012, is presented in the Outstanding Equity Awards at Fiscal Year-End table.
Certain of the options as granted have exercise prices denominated in Swiss Francs. The U.S. dollar exercise
price in the table below for such options is based on a Swiss Franc to U.S. Dollar exchange rate on March 31, 2012
of 1 to 1.10705.
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