Logitech 2004 Annual Report Download - page 33

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5.4 Grant of Shares to Directors and Executive Officers
During fiscal year 2004, Logitech did not grant shares of the Company to any of its non-executive Directors
or Executive Officers.
5.5 Share Ownership of Directors and Executive Officers
The following table presents information as of March 31, 2004 regarding the ownership of Logitech
International S.A.’s shares (including shares represented by ADRs), by non-executive Directors and Executive
Officers:
Name
Number of
Shares
% of Voting
Rights(1)
All non-executive Directors as a group (6 individuals) ................. 9,300 0.02%
All Executive Officers as a group (9 individuals) (2) .................. 3,162,496 6.60%
(1) In accordance with Article 19 paragraph 2 of SESTO-FBC, the shareholding percentage is calculated based
on the aggregate number of voting rights entered into the Swiss commercial register, which was 47,901,655
as of March 31, 2004.
(2) Includes 40,000 registered shares owned by Mrs. Sylviane Borel (Mr. Borel’s wife). Also, includes 2,070
shares owned by or custodian for Mr. De Luca’s daughters.
5.6 Option Ownership of Directors and Executive Officers
The following tables present information as of March 31, 2004 regarding the option ownership for shares
(including shares represented by ADRs) of Logitech International S.A. by Logitech’s non-executive Directors
and Executive Officers. Refer to section 2.7 for a description of Logitech’s employee equity compensation plans.
Options held by non-executive Directors (in thousands except share and per share amounts):
Grant Year
Options
Held
Vested
Options
Exercise
Price
Expiration
Year
Option
Value(1)
2000 ................................ 20,000 20,000 $ 7.19 2009 $ 50
2001 ................................ 40,000 40,000 $34.94 2010 524
2002 ................................ 40,000 26,668 $32.18 2011 530
2003 ................................ 50,000 16,668 $45.41 2012 1,022
2004 ................................ 10,000 — $38.56 2013 169
160,000 103,336 $2,295
Options held by Executive Officers (in thousands except share and per share amounts):
Grant Year
Options
Held(2)
Vested
Options Exercise Price
Expiration
Year
Option
Value(1)
1999 ..................... 303,150 303,150 $4.85 2008 $ 259
2000 ..................... 448,740 448,740 $ 6.37 – $ 8.72 2009 1,200
2001 ..................... 411,000 289,125 $22.54 – $31.04 2010 4,432
2002 ..................... 583,387 163,387 $20.86 – $30.00 2011 6,470
2003 ..................... 365,000 — $27.09 2012 5,118
2004 ..................... 215,000 — $31.04 2013 3,255
2,326,277 1,204,402 $20,734
(1) Based on the Black-Scholes option-pricing model. These numbers are not necessarily indicative of
Logitech’s future stock performance. If the price of Logitech’s shares does not increase above the exercise
price, no value will be realizable from these options.
(2) Includes 1,193,140 options owned by Mr. De Luca.
CG-19