DEFR14A 1 logi-amendmentno1toproxyst.htm DEFR14A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934 (Amendment No. 1)

 

Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
Check the appropriate box:
☐			Preliminary Proxy Statement
☐			Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒			Definitive Proxy Statement
☐			Definitive Additional Materials
☐			Soliciting Material under §240.14a-12

 

Logitech International S.A.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
☒			No fee required.
☐			Fee paid previously with preliminary materials.
☐			Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

 

 

 

 

 

 

 

 

 

 

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AMENDMENT TO THE PROXY STATEMENT DATED JULY 25, 2023

FOR THE ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD ON SEPTEMBER 13, 2023

 

Explanatory Note

 

This Amendment No. 1 (the “Amendment”) to the definitive proxy statement on Schedule 14A (the “2023 Proxy Statement”) filed by Logitech International S.A. (“Logitech”) with the Securities and Exchange Commission on July 25, 2023 amends and replaces the Non-Employee Director Compensation Table For Fiscal Year 2023 (the “Director Compensation Table”) as included on page 101 in the 2023 Proxy Statement. The Director Compensation Table as included with the 2023 Proxy Statement reflected certain overstated amounts due to a ministerial error.

The information in the 2023 Proxy Statement remains unchanged except as set forth in this Amendment, in which case the information in the relevant portion of the 2023 Proxy Statement is superseded by the information in this Amendment.

This Amendment should be read in conjunction with the 2023 Proxy Statement.

  

The Director Compensation Table as included on page 101 in the 2023 Proxy Statement is amended as follows:

  

NON-EMPLOYEE DIRECTOR COMPENSATION TABLE FOR FISCAL YEAR 2023

Name			Fees Earned in Cash ($)(1)						Stock Awards ($)(2)						Total ($)
Patrick Aebischer			72,847						205,200						278,047
Wendy Becker(3)			344,282						205,200						549,482
Edouard Bugnion			85,786						205,200						290,986
Riet Cadonau			32,893						—						32,893
Guy Gecht			95,785						205,200						300,985
Neil Hunt			35,744						—						35,744
Christopher Jones			40,832						205,200						246,032
Marjorie Lao			84,207						205,200						289,407
Neela Montgomery			78,944						205,200						284,144
Kwok Wang Ng			46,051						205,200						251,251
Michael Polk(3)			112,100						205,200						317,300
Deborah Thomas			105,258						205,200						310,458
Sascha Zahnd			49,121						205,200						254,321

  

 (1) Amounts in Swiss Francs were converted using the 12-month average (April 2022 to March 2023) exchange rate of 1 Swiss Franc to 1.052583 U.S. Dollars.

 (2) Amounts shown do not reflect compensation actually received by the directors. Instead, the amount shown is the aggregate grant date fair value of stock related awards granted in fiscal year 2023 computed in accordance with ASC Topic 718 -- Compensation -- Stock Compensation, disregarding forfeiture assumptions. The grant date fair value used to calculate the aggregate value for fiscal year 2023 was CHF 47.04 per share for the September 14, 2022 grants.

(3) Wendy Becker and Michael Polk elected to receive all or a portion of their Board fees in shares.