Logitech 2015 Annual Report Download - page 101

Compensation Report for Fiscal Year 2015
91 | – Proxy Statement
2015 Annual General Meeting Invitation, Proxy Statement
Option Exercises and Stock Vested Table for Fiscal Year 2015
The following table provides the number of shares acquired and the value realized upon exercise of stock options and
the vesting of RSUs during fiscal year 2015 by each of our named executive officers. No shares resulted from PSUs
whose performance period ended during fiscal year 2015 because the minimum performance condition was not met.
Option Awards Stock Awards
Name
Number of
Shares
Acquired
on Exercise
(#)
Value
Realized
on Exercise
($)(1)
Number Of
Shares
Acquired
on Vesting
(#)
Value
Realized
on Vesting
($)(2)
Guerrino De Luca — — 130,000 1,890,850
Bracken Darrell — — 69,250 955,648
Vincent Pilette — — 253,334 3,693,610
Marcel Stolk — — 26,000 337,228
L. Joseph Sullivan — — 29,500 403,770
(1) The value realized equals the difference between the option exercise price and the fair market value of Logitech
shares on the date of exercise, multiplied by the number of shares for which the option was exercised.
(2) Based on the closing trading price of Logitech shares on the Nasdaq Global Select Market on the date of vesting
of underlying awards.
Pension Benefits Table for Fiscal Year 2015
Marcel Stolk, Senior Vice President, Consumer Computing Platforms Business Group, is a participant in Logitech’s
Swiss Pension plan, which is a benefit offered to all eligible Swiss employees.
No other executive officers are beneficiaries under any pension plan benefits maintained by Logitech.
Name Plan Name
Number of
Years of
Credited
Service
(#)
Present
Value of
Accumulated
Benefit
($)
Guerrino De Luca N/A N/A —
Bracken Darrell N/A N/A —
Vincent Pilette N/A N/A —
Marcel Stolk Logitech Employee Pension Fund 4.00 675,140
L. Joseph Sullivan N/A N/A —