Logitech 2014 Annual Report Download - page 131

Download and view the complete annual report

Please find page 131 of the 2014 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 308

  • 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
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308

Option Awards Stock Awards
Name
Grant Date
(MM/DD/YY)
Number of
Securities
Underlying
Unexercised
Options (#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options (#)
Unexercisable
Option
Exercise
Price ($) /
Share
Option
Expiration
Date
(MM/DD/YY)
Market
Value of
Unexercised
Options ($)
Number of
Shares or
Units of
Stock That
Have Not
Vested (#)
Market
Value of
Shares or
Units of
Stock
That Have
Not
Vested ($)
Equity
Incentive
Plan Awards:
Number of
Unearned
Shares, Units
or Other
Rights That
Have Not
Vested (#)
Equity
Incentive
Plan Awards:
Market or
Payout Value
of Unearned
Shares, Units
or Other
Rights That
Have Not
Vested ($)(1)
04/11/11 — — — 25,000 372,250
01/04/13 — — 22,000 327,580 — —
04/15/13 — — 40,000 595,600 — —
04/15/13 — — — 60,000 893,400
Total 246,250 225,000 74,500 1,109,305 85,000 1,265,650
Former Officers:
Erik K. Bardman . . . .
Total n/a n/a
Michael Doktorczyk . . 08/15/11 8,750 130,288
01/31/12 — — 2,800 41,692 — —
01/31/12 — — 2,400 35,736
11/15/12 — — 6,720 100,061 — —
11/15/12 — — — 3,840 57,178
02/24/14 — — 4,500 67,005 — —
02/24/14 — — 4,450 66,261
Total n/a n/a 22,770 339,046 10,690 159,175
(1) PSUs are shown at their target amount. The minimum performance condition of the PSUs granted on
June 29, 2009, in fiscal year 2010, was not met and therefore no shares vested at the conclusion of the 2-year
performance period on June 29, 2011. The actual conversion, if any, of the PSUs granted in fiscal year 2011
into Logitech shares following the conclusion of the 3-year performance period will range between 50% and
200% of that target amount, depending upon Logitechs TSR performance versus the TSR benchmark over
the performance period. The actual conversion, if any, of the PSUs granted in each of fiscal years 2012 and
2014 into Logitech shares following the conclusion of the 3-year performance period will range between 50%
and 150% of that target amount, depending upon Logitechs TSR performance versus the TSR benchmark
over the performance period.
(2) The exercise price of the option as granted (as split-adjusted) is 15.21 Swiss Francs per share and 17.20 US
Dollar per share. CHF amount was converted using the exchange rate of 1 Swiss Franc to 1.13 U.S. Dollar as
of March 31, 2014.
(3) The exercise price of the option as granted (as split-adjusted) is 18.55 Swiss Francs per share and 20.97 US
Dollar per share. CHF amount was converted using the exchange rate of 1 Swiss Franc to 1.13 U.S. Dollar as
of March 31, 2014.
ENglISH
115