Logitech 2015 Annual Report Download - page 99

Compensation Report for Fiscal Year 2015
89 | – Proxy Statement
2015 Annual General Meeting Invitation, Proxy Statement
Outstanding Equity Awards at Fiscal Year 2015 Year-End Table
The following table provides information regarding
outstanding equity awards for each of our named
executive officers as of March 31, 2015. This table
includes unexercised and unvested stock options,
unexercised and unvested performance stock options,
unvested PSUs, and unvested RSUs.
Unless otherwise specified, options and RSUs vest
at a rate of 25% per year on each of the first four
anniversaries of the grant date. The market value for
stock options, including Premium Priced Options or
PPOs and Performance Stock Options or PSOs, 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 ($13.15
on March 31, 2015) and the option exercise price, and
multiplying it by the number of outstanding options.
The market value for stock awards (RSUs and PSUs) is
determined by multiplying the number of shares subject
to such awards by the closing price of Logitech shares on
the Nasdaq Global Select Market on the last trading day
of the fiscal year.
Option Awards Stock Awards
Name
Grant Date
(MM/DD/YY)
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price ($) /
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)
Guerrino De Luca 04/01/05 200,000 — 19.07(2) 04/01/15 — — — — —
04/01/06 100,000 — 20.05 04/01/16 — — — — —
04/02/07 50,000 — 27.95 04/02/17 — — — — —
04/01/08 15,000 — 26.67 04/01/18 — — — — —
04/01/09 15,000 — 10.64 04/01/19 37,650 — — — —
01/04/13 65,000 65,000 7.83 01/04/23 691,600 — — — —
04/15/13 — — — — — — — 30,000 394,500
04/15/13 — — — — — 15,000 197,250 — —
10/15/13 — — — — — 125,000 1,643,750 — —
04/15/14 — — — — — — — 19,608 257,845
04/15/14 — — — — — 13,072 171,897 — —
Total 445,000 65,000 729,250 153,072 2,012,897 49,608 652,345
Bracken Darrell 04/16/12 250,000 250,000 8.03 04/16/22 2,560,000 — — — —
04/16/12 400,000 — 14.05 04/16/22 — — — — —
04/16/12 — 400,000 16.06 04/16/22 — — — — —
04/16/12 — 400,000 20.08 04/16/22 — — — — —
04/16/12 — — — — — 50,000 657,500 — —
04/15/13 — — — — — — — 270,000 3,550,500
04/15/13 — — — — — 132,750 1,745,663 — —
04/15/14 — — — — — — — 202,260 2,659,719
04/15/14 — — — — — 134,840 1,773,146 — —
Total 650,000 1,050,000 2,560,000 317,590 4,176,309 472,260 6,210,219