Logitech 2014 Annual Report Download - page 294

LOGITECH INTERNATIONAL S.A.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 17 — Other Disclosures Required by Swiss Law (Continued)
(2) Non-equity incentive plan compensation reflects amounts earned under the Logitech Management
Performance Bonus Plan and predecessor plans. No non-executive members of the Board of Directors
participated in any non-equity incentive compensation plans in any of fiscal years 2014, 2013 or 2012.
(3) Amounts shown reflect the grant date fair value, by fiscal year, of stock awards and option awards granted
in such fiscal year. The key assumptions and methodology for valuation of stock awards and option awards
are presented in Note 4. Mr. Erik K. Bardman, former Senior Vice President, Finance and Chief Financial
Officer, forfeited his fiscal year 2010, 2011, 2012 and 2013 grants of $5,258,090 upon his departure. Mr. Gerald
Quindlen, former President and Chief Executive Officer, forfeited his fiscal year 2012 grants of $2,817,120
upon his departure. Mr. Werner Heid, former Sr. Vice President, Worldwide Sales and Marketing, forfeited
his fiscal year 2010, 2011 and 2012 grants of $2,981,880 upon his departure.
(4) Other compensation includes term life insurance premiums, car allowance, tax preparation services (and
associated tax gross-up), relocation expenses, travel costs in lieu of relocation, severance, and matching
contributions made by the Company to the Logitech Inc. 401(k) plan or the Logitech Employee Pension Fund.
(5) Mr. Erh-Hsun Chang did not stand for re-election as a director at the Annual General Meeting in
September 2013.
(6) Mr. Didier Hirsch was first elected as a director at the Annual General Meeting in September 2012.
(7) Fiscal years 2014, 2013 and 2012 included compensation paid to Mr. Werner Heid, who resigned from the
Company in April 2012. Fiscal years 2013 and 2012 included compensation paid to Mr. Junien Labrousse,
who ceased to be an executive officer of the Company in April 2012. Fiscal year 2012 included compensation
paid to Mr. Gerald Quindlen, who resigned from the Company in July 2011.
No additional fees or compensation have been paid during fiscal years 2014, 2013, and 2012 to any current or
former members of the Board of Directors or executive officers other than as noted above.
There were no loans made or outstanding at any time during fiscal years 2014, 2013 and 2012 to any current
or former members of the Board of Directors or executive officers. In addition, no compensation was paid or loans
made during fiscal years 2014, 2013 and 2012 to parties closely related to members of the Board of Directors or
executive officers.
278