Logitech 2013 Annual Report Download - page 211

LOGITECH INTERNATIONAL S.A.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
The following table sets forth the shares and options held by each of the individual members of the Board of
Directors and executive officers as of March 31, 2013:
Shares Held
Options, PRSUs
and RSUs Held(1) Exercise Price
Fiscal Years
of Expiration
Non-Executive Members
of the Board of Directors:
Daniel Borel(2). . . . . . . . . . . . . . . . . . . . . . . . . 11,234,344 13,600 n/a n/a
Matthew Bousquette . . . . . . . . . . . . . . . . . . . 29,112 88,600 $15.41-$23.29 2016-2019
Erh-Hsun Chang. . . . . . . . . . . . . . . . . . . . . . . 176,638 332,600 $7.76-$20.25 2014-2016
Kee-Lock Chua(8) . . . . . . . . . . . . . . . . . . . . . . 48,403 68,600 $13.65-$19.43 2014-2016
Sally Davis(9). . . . . . . . . . . . . . . . . . . . . . . . . . 47,245 43,600 $36.17 2018
Neil Hunt . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,612 18,666 n/a n/a
Richard Laube(3)(10) . . . . . . . . . . . . . . . . . . . . . 105,228 — n/a n/a
Monika Ribar(11) . . . . . . . . . . . . . . . . . . . . . . . 30,504 108,600 $15.41-$36.17 2015-2018
Didier Hirsch(4) . . . . . . . . . . . . . . . . . . . . . . . . — 27,200 n/a n/a
Total Non-Executive Members
of the Board of Directors: . . . . . . . . . . . . . . . 11,688,086 701,466
Executive Officers:
Guerrino De Luca . . . . . . . . . . . . . . . . . . . . . 164,018 1,140,538 $7.83-$27.95 2013-2023
Bracken P. Darrell . . . . . . . . . . . . . . . . . . . . . 17,753 1,800,000 $8.03 2023
Erik Bardman(5) . . . . . . . . . . . . . . . . . . . . . . . 16,795 543,250 $7.83-$18.76 2020-2023
Junien Labrousse(6) . . . . . . . . . . . . . . . . . . . . . 45,206 631,000 $13.48-$30.09 2016-2020
Werner Heid(7) . . . . . . . . . . . . . . . . . . . . . . . . 24,390 — n/a n/a
Joseph L. Sullivan . . . . . . . . . . . . . . . . . . . . . 20,054 579,500 $7.83-$30.09 2016-2023
Total Executive Officers . . . . . . . . . . . . . . . . . . . 288,216 4,694,288
(1) Each option provides the right to purchase one share at the exercise price. For executive officers, the options
become exercisable over four years in equal annual installments from the date of grant. For non-executive
Directors, the options become exercisable over three years in equal annual installments from the date of grant.
Performance-based options may become exercisable at the end of four years from the grant day upon meeting
certain minimum share price performance criteria measured against market conditions. PRSUs granted to
executive officers are performance-based restricted stock units that may vest at the end of two or three years
from the grant date upon meeting certain minimum share price performance criteria measured against market
conditions. RSUs granted to executive officers are time-based restricted stock units that vest in four equal
annual installments from the date of grant. RSUs granted to non-executive Directors vest in one installment
on the grant date anniversary.
(2) The number of shares held includes (a) 53,000 shares held by a charitable foundation, of which Mr. Daniel
Borel and other members of his family are board members and (b) 6,500 shares held by Mr. Borel’s spouse.
Mr. Borel has not entered into any written shareholders’ agreements.
(3) Mr. Richard Laube resigned as a director as of the Annual General Meeting in September 2012. Shares held
are as of September 5, 2012, the last date as of which the Company had the ability to track shares held by
Mr. Laube.
(4) Mr. Didier Hirsch was first elected as a director at the Annual General Meeting in September 2012.
(5) Mr. Erik Bardman resigned as an executive officer of the Company in April 2013.
Note 16 — Other Disclosures Required by Swiss Law (Continued)
ANNUAL REPORT
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