Logitech 2012 Annual Report Download - page 149

Download and view the complete annual report

Please find page 149 of the 2012 Logitech annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 292

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292

(4) In the case of Mr. Labrousse, represents the costs associated with Mr. Labrousse’s relocation to Switzerland,
including household goods shipping, temporary accommodations, flights, rental car and other costs. In the
case of Mr. Quindlen, represents the cost to Logitech for Mr. Quindlen’s travel to and from Logitech’s offices
in California from his residence.
(5) Represents imputed income to Mr. Labrousse from an insurance policy held to fund, in part, the Logitech Inc.
Deferred Compensation Plan.
(6) Represents the matching contributions to the Logitech Employee Pension Fund in Switzerland for
Mr. Labrousse, which are available to all of our regular employees who are on our Swiss payroll.
(7) Represents the severance compensation paid to Mr. Quindlen, the former President and Chief
Executive Officer.
GRANTS OF PLAN-BASED AWARDS IN FISCAL YEAR 2012
The following table sets forth certain information regarding grants of plan-based awards to each of our
named executive officers during fiscal year 2012. For more information, please refer to “Compensation Disclosure
and Analysis.”
Name Typ e
Grant Date
(MM/DD/YY)
Approval
Date
Estimated Future Payouts
Under Non-Equity Incentive
Plan Awards (1)
Estimated Future Payouts
Under Equity Incentive
Plan Awards (3)
All
Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#) (4)
Grant
Date
Fair
Value
($) (5)
Threshold
($)
Target
($)
Maximum
($)
Actual
($) (2)
Threshold
(#)
Target
(#)
Maximum
(#)
Guerrino
De Luca . . . PSU 04/11/11 04/11/11 15,000 30,000 45,000 — 392,400
FY12 Bonus N/A N/A 325,000 500,000 1,000,000 —
Erik K.
Bardman . . PSU 04/11/11 04/11/11 17,500 35,000 52,500 — 457,800
RSU 04/11/11 04/11/11 — — — 23,000 331,200
FY12 Bonus N/A N/A 214,500 330,000 660,000 —
Junien
Labrousse . . PSU 04/11/11 04/11/11 17,500 35,000 52,500 — 457,800
RSU 04/11/11 04/11/11 — — — 23,000 332,580
FY12 Bonus N/A N/A 383,230 589,584 1,179,168 —
L. Joseph
Sullivan . . . PSU 04/11/11 04/11/11 12,500 25,000 37,500 — 327,000
RSU 04/11/11 04/11/11 — — — 16,000 230,400
FY12 Bonus N/A N/A 195,975 301,500 603,000 —
Former Officers:
Gerald P.
Quindlen . . PSU 04/11/11 04/11/11 62,000 124,000 186,000 — 1,621,920
RSU 04/11/11 04/11/11 — — — 83,000 1,195,200
FY12 Bonus N/A N/A 670,313 1,031,250 2,062,500 —
Werner
Heid ...... PSU 04/11/11 04/11/11 17,500 35,000 52,500 — 457,800
RSU 04/11/11 04/11/11 — — — 23,000 331,200
FY12 Bonus N/A N/A 277,875 427,500 855,000 —
ENGLISH
139