Logitech 2014 Annual Report Download - page 141

The following table presents additional information with respect to the equity awards held as of March 31,
2014 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 since fiscal year 2010 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 the Nasdaq Global Select Market on the last trading day of the fiscal year ($14.89 on March 31, 2014)
and the option exercise price, and multiplying it by the number of outstanding options. Market value for RSUs
is determined by multiplying the number of shares by the closing price of Logitech shares on the Nasdaq Global
Select Market on the last trading day of the fiscal year.
Certain of the options as granted have exercise prices denominated in Swiss Francs. The U.S. Dollar exercise
price in the table below for such options is based on a Swiss Franc to U.S. Dollar exchange rate on March 31, 2014
of 1 to 1.13.
Outstanding Equity Awards for Non-Employee Directors at Fiscal 2014 Year-End
Option Awards Stock Awards
Name
Grant Date
(MM/DD/YY)
Number of
Securities
Underlying
Unexercised
Options
Exercisable (#)
Number of
Securities
Underlying
Unexercised
Options
Unexercisable (#)(1)
Option
Exercise
Price /
Share ($)
Market
Value of
Unexercised
Options ($)
Number of
Shares or
Units of
Stock That
Have Not
Vested (#)(2)
Market Value of
Shares or Units of
Stock That Have
Not Vested ($)
Daniel Borel ......... 09/05/13 — — — — 18,400 273,976
Total — — 18,400 273,976
Matthew Bousquette ... 06/16/05 60,000 — 15.41 — — —
09/10/08 15,000 — 23.29 — — —
09/05/13 — — — — 18,400 273,976
Total 75,000 — 18,400 273,976
Kee-Lock Chua ....... 06/16/06 15,000 — 19.43 — — —
09/05/13 — — — — 18,400 273,976
Total 15,000 — 18,400 273,976
Sally Davis .......... 06/20/07 30,000 — 38.92(3) — — —
09/05/13 — — — — 18,400 273,976
Total 30,000 — 18,400 273,976
Didier Hirsch ........ 09/05/12 — — — — 18,132(5) 269,985
09/06/13 — — — — 18,400 273,976
Total — — — — 36,532 543,961
Neil Hunt ............ 09/05/13 — — — — 18,400 273,976
Total — — 18,400 273,976
Monika Ribar ........ 06/24/04 80,000 — 16.58(4) — — —
06/20/07 15,000 — 38.92(3) — — —
09/05/13 — — — — 18,400 273,976
Total 95,000 — 18,400 273,976
(1) Unless otherwise indicated, the shares subject to these options vest and become exercisable at a rate of 33%
per year over three years from the grant date, on each yearly anniversary of the grant date.
(2) Unless otherwise indicated, the shares subject to these stock awards vest in full on August 31 (approximately
one year) following the grant date.
(3) The exercise price of the option as granted is 34.45 Swiss Francs per share.
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