Logitech 2011 Annual Report Download - page 135

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The following table summarizes the total compensation earned or paid by Logitech during fiscal year 2011
to continuing members of the Board of Directors who were not executive officers as of March 31, 2011. 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 Logitech executive officers as of
March 31, 2011, is presented in the Summary Compensation Table.
Non-Employee Director Summary Compensation for Fiscal Year 2011
Name Fees Earned In Cash ($) Stock Awards ($) Total ($)
Daniel Borel ............................................. 63,499 118,770 182,269
Matthew Bousquette ....................................... 110,918 116,994 227,912
Erh-Hsun Chang .......................................... 87,002 116,994 203,996
Kee-Lock Chua ........................................... 101,104 116,994 218,098
Sally Davis .............................................. 91,208 118,770 209,978
Neil Hunt ................................................ 44,532 235,569 280,101
Richard Laube ............................................ 71,746 118,770 190,516
Monika Ribar ............................................ 102,671 118,770 221,441
The following table presents additional information with respect to the equity awards held as of March 31, 2011
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 year 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 ($18.13 on March 31, 2011) 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, 2011 by Guerrino De Luca and Gerald
Quindlen, the only members of the Board of Directors as of such date that were Logitech executive officers, 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, 2011
of 1.0924 to 1.