SEC Info - Sullivan L Joseph - ‘4’ for 4/24/15 re: Logitech International SA

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sullivan L Joseph

(Last)

(First)

(Middle)

C/O LOGITECH, INC.

7700 GATEWAY BLVD.

(Street)

NEWARK

94560

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LOGITECH INTERNATIONAL SA [ LOGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Sr. VP, Worldwide Operations

3. Date of Earliest Transaction (Month/Day/Year)
4/24/15

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Registered Shares	4/24/15		M		25,000	A	$13.48	159,896	D
Registered Shares	4/24/15		M		48,750	A	$14.02	208,646	D
Registered Shares	4/24/15		M		112,500	A	$7.83	321,146	D
Registered Shares	4/24/15		S		186,250	D	$15.0459 ⁽¹⁾	134,896	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$13.48	4/24/15		M			25,000	⁽²⁾	12/12/18	Registered Shares	25,000	$0.00	0	D
Stock Option (right to buy)	$14.02	4/24/15		M			48,750	⁽³⁾	6/29/19	Registered Shares	48,750	$0.00	0	D
StockOption (right to buy)	$7.83	4/24/15		M			112,500	⁽⁴⁾	1/4/23	Registered Shares	112,500	$0.00	112,500	D

Explanation of Responses:

(1) Reflects weighted average sale price. Actual sale prices ranged from $14.98 to $15.20. Filer undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

(2) The option is exercisable in four equal annual installments. The first two installments became exercisable on December 12, 2009 and December 12, 2010, and the next two installments became exercisable on December 12, 2011 and December 12, 2012.

(3) The option is exercisable in four equal annual installments. The first installment became exercisable on June 29, 2010, and the next three installments became exercisable on June 29, 2011, June 29, 2012 and June 29, 2013.

(4) The option vests and becomes exercisable on January 4, 2015 or later if and only when the average closing price per share of the Company's shares on the NASDAQ Stock Market over a consecutive 90 day period meets or exceeds the following performance criteria at any point during the first four years after the date of grant: 25% vest at $11.75, 25% vest at $13.70, and 50% vest at $15.66.

Remarks:

	/s/ Jon Shanberge as attorney in fact for L. Joseph Sullivan	4/24/15
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.
S	Open market or private sale of non-derivative or derivative security.

Sullivan L Joseph – ‘4’ for 4/24/15 re: Logitech International SA

On: Friday, 4/24/15, at 9:58pm ET · For: 4/24/15 · Accession #: 1209191-15-36252 · File #: 0-29174

Previous ‘4’: ‘4’ on 4/17/15 for 4/15/15 · Next: ‘4’ on 1/6/16 for 1/4/16 · Latest: ‘4’ on 4/17/18 for 4/15/18

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Sullivan L Joseph – ‘4’ for 4/24/15 re: Logitech International SA

On: Friday, 4/24/15, at 9:58pm ET · For: 4/24/15 · Accession #: 1209191-15-36252 · File #: 0-29174

Previous ‘4’: ‘4’ on 4/17/15 for 4/15/15 · Next: ‘4’ on 1/6/16 for 1/4/16 · Latest: ‘4’ on 4/17/18 for 4/15/18

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents