Logitech 2011 Annual Report Download - page 237

ANNUAl REPORT
225
The following table sets forth compensation Logitech paid or accrued for payment to the individual members of
the Board of Directors, the highest compensation paid to an executive officer, and the total amount of compensation
paid or accrued for payment to executive officers for services performed in the fiscal years ended March 31, 2011,
2010 and 2009:
Fiscal
Year Base Salary(1) Bonus(2)
Non-equity
Incentive Plan
Compensation(3) Stock Awards(4) Option Awards(4) Other Compensation(5) Total
Daniel Borel. . . . . . . . . . . . . . . . . 2011 $63,499 $ — $ — $ 118,770 $ — $ — $ 182,269
2010 72,974 — — 110,580 — — 183,554
2009 74,882 — — — — — 74,882
Matthew Bousquette .......... 2011 110,918 — — 116,994 — — 227,912
2010 124,762 — — 109,680 — — 234,442
2009 94,533 — — — 104,850 —199,383
Erh-Hsun Chang . . . . . . . . . . . . . 2011 87,002 — — 116,994 — — 203,996
2010 87,098 — — 127,960 — — 215,058
2009 75,321 — — — — — 75,321
Kee-Lock Chua .............. 2011 101,104 — — 116,994 — — 218,098
2010 108,284 — — 127,960 — — 236,244
2009 99,504 — — — — — 99,504
Sally Davis. . . . . . . . . . . . . . . . . . 2011 91,208 — — 118,770 — — 209,978
2010 101,222 — — 110,580 — — 211,802
2009 95,598 — — — — — 95,598
Neil Hunt ................... 2011 44,532 — — 235,569 — — 280,101
Richard Laube ............... 2011 71,746 — — 118,770 — — 190,516
2010 87,098 — — 110,580 — — 197,678
2009 58,168 — — — 208,500 —266,668
Robert Malcolm. . . . . . . . . . . . . . 2011 28,863 — — — — — 28,863
2010 87,098 — — 109,680 — — 196,778
2009 85,841 — — — — — 85,841
Monika Ribar . . . . . . . . . . . . . . . 2011 102,671 — — 118,770 — — 221,441
2010 110,638 — — 110,580 — — 221,218
2009 107,017 — — — — — 107,017
Total Non-Executive Board Members 2011 $701,543 $ — $ — $ 1,061,631 $ — $ — $ 1,763,174
2010 $779,174 $ — $ — $ 917,600 $ — $ — $ 1,696,774
2009 $690,864 $ — $ — $ — $ 313,350 $ — $ 1,004,214
Highest Paid Executive Officer
Gerald Quindlen . . . . . . . . . . . . . 2011 $825,000 $ — $1,083,000 $5,835,050 $ — $ 62,365 $7,805,415
Gerald Quindlen . . . . . . . . . . . . . 2010 $787,500 $ — $1,299,000 $1,007,600 $394,000 $50,370 $3,538,470
Gerald Quindlen . . . . . . . . . . . . . 2009 $787,500 $ — $ — $ 697,500 $1,151,000 $31,549 $2,667,549
Total Executive Officers(6) ......... 2011 $3,836,280 $133,547 $3,250,276 $12,257,300 $ — $1,400,897 $20,878,300
2010 $3,634,808 $40,467 $4,557,000 $2,641,020 $2,783,850 $107,745 $13,764,890
2009 $3,340,962 $ — $ 584,403 $1,918,125 $3,585,950 $168,509 $9,597,949
(1) Base salary for non-executive members of the Board of Directors includes fees to attend meetings, annual
retainers and travel fees.
(2) In fiscal year 2011, a bonus was granted to an executive officer to offset taxes incurred on a life insurance contract
on the executive officer’s life held by the Company in connection with the Company’s management deferred
compensation plan. The Company surrendered the life insurance contract for cash in December 2010. In fiscal
year 2010, a bonus was granted to an executive officer to enable him to purchase a value of Logitech shares
equal to what he would have purchased under the Logitech Employee Share Purchase Plan for the February 1 to
July 31, 2009 offering period but for his employment start date being after the offering start date.
(3) 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 2011, 2010 or 2009.
(4) 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 12.