Logitech 2006 Annual Report Download - page 52

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Logitech currently maintains Director and Officer Liability insurance to insure its Directors and Officers
against certain liabilities arising from their status or service as Directors or Officers.
5.3 Compensation to Former Directors and Executive Officers
During fiscal year 2006, Logitech did not grant, directly or indirectly, compensation such as fees, salaries,
credits, bonuses or benefits in kind to former non-executive Directors or Executive Officers.
5.4 Grant of Shares to Directors and Executive Officers
During fiscal year 2006, 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, 2006 regarding the ownership of Logitech
International S.A.’s shares (including shares represented by ADSs), by non-executive Directors and Executive
Officers:
Name
Number of
Shares
% of Voting
Rights (1)
All non-executive Directors as a group (6 individuals) ................. 22,250 0.02%
All Executive Officers as a group (8 individuals) ..................... 6,358,713 6.64%
(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 were 95,803,310
as of March 31, 2006.
The Board of Directors has adopted share ownership guidelines for members of the Board of Directors
effective June 2006. Under the guidelines Directors will be required to own at least 2,500 Logitech shares or
ADSs. Directors are required to achieve the guideline within three years of joining the Board, or, in the case of
Directors serving at the time the guidelines were adopted, within three years of the effective date of adoption of
the guidelines. The guidelines will be adjusted to reflect any share or ADS splits or other capital adjustments, and
will be re-evaluated by the Board from time to time.
5.6 Option Ownership of Directors and Executive Officers
The following tables present information as of March 31, 2006 regarding the option ownership for shares
(including shares represented by ADSs) 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
Value of
Options
Held (1)
2003 ................................. 20,000 20,000 $22.71 2013 204
2004 ................................. 20,000 13,334 $19.28 2014 169
2005 ................................. 80,000 26,668 $23.51 2015 761
2006 ................................. 60,000 — $30.83 2016 677
180,000 60,002 $1,811
CG-20