Document:

Form of Restricted Stock Unit Agreement under the 2009 Stock Incentive Plan

  
 Exhibit 10.26 

LOGMEIN, INC. 
 Restricted Stock Unit Agreement 

	 	1.	Grant of Award. 

 This
Restricted Stock Unit Agreement (the “Agreement”) evidences the grant by LogMeIn, Inc., a Delaware corporation (the “Company”), on             , 2012 (the
“Grant Date”) to              (the “Participant”) of              Restricted Stock Units
(individually, an “RSU” and collectively, the “RSUs”), subject to the terms and conditions set forth in this Agreement and in the Company’s Amended and Restated 2009 Stock Incentive Plan (the “Plan”). Each RSU
represents the right to receive one share of Common Stock as provided in this Agreement. The shares of Common Stock that are issuable upon vesting of the RSUs are referred to in this Agreement as “Shares.” Capitalized terms used but not
defined in this Agreement shall have the meanings specified in the Plan. In the event of any inconsistency between the Plan and this Agreement, the terms of the Plan shall control. 

 

	 	2.	Vesting; Forfeiture. 

(a)             While the Participant remains an employee of, or consultant or
advisor to, the Company (an “Eligible Participant”), this Award will vest as to one-third of the original number of RSUs on the first anniversary of the Grant Date, one-third of the original number of RSUs on the second anniversary of the
Grant Date, and all remaining unvested RSUs on the third anniversary of the Grant Date (the “Last Vesting Date”). The number of RSUs that vest on any date (other than the Last Vesting Date) shall be rounded down to the nearest whole number
of RSUs. 
 (b)             If the Participant ceases to be an
Eligible Participant for any reason or no reason, then the Participant will immediately and automatically forfeit all rights to any of the RSUs that are unvested as of the date the Participant’s employment or other service provider relationship
ends. 
  

	 	3.	Distribution of Shares. 

Subject to the terms and conditions of this Agreement (including any withholding tax obligations) and compliance with all applicable laws,
on or within 60 days after any date on which RSUs vest, the Company will distribute to the Participant or his or her estate, if applicable, the Shares represented by RSUs that vested on such vesting date. Such Shares shall be distributed in the form
determined by the Company. Until the RSUs vest, the Participant shall have no rights to any Shares and until the Shares represented by any vested RSUs are distributed to the Participant in accordance with this Agreement, the Participant shall have
no rights associated with any Shares, including without limitation dividend or voting rights. 
  

	 	4.	Restrictions on Transfer. 

The Participant shall not sell, assign, transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise
(collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution, and any such purported transfer shall be null and void and of no force or effect, unless otherwise determined by the
Company. 
  

	 	5.	Withholding Taxes. 

 (a)
            The Company shall not be obligated to deliver any Shares issuable with respect to the RSUs unless and until the Participant shall have paid or otherwise satisfied in full the
amount of all 

 
federal, state, local and foreign taxes applicable with respect to the taxable income of the Participant resulting from the vesting of the RSUs, the distribution of the Shares issuable with
respect thereto, or any other taxable event related to the RSUs (the “Tax Withholding Obligation”). 

(b)             Unless the Company elects to have the Participant satisfy the
Tax Withholding Obligation by some other means, the Participant’s acceptance of this Award constitutes the Participant’s instruction and authorization to the Company to withhold a net number of vested Shares otherwise issuable pursuant to
the RSUs having a then-current Fair Market Value necessary to satisfy the Tax Withholding Obligation based on the minimum applicable statutory withholding rates, rounded up the nearest whole Share. To the extent rounding causes the Fair Market Value
of the Shares withheld by the Company to exceed the Participant’s Tax Withholding Obligation, the Company agrees to include such excess cash together with the amounts necessary to satisfy the Participant’s Tax Withholding Obligation. The
Participant acknowledges that the Company or its designee is under no obligation to withhold Shares, and that the withheld Shares may not be sufficient to satisfy the Tax Withholding Obligation. 

(c)             In the event the Company does not elect to have the Tax
Withholding Obligation satisfied under Section 5(b), then the Company may elect to instruct any brokerage firm determined acceptable to the Company to sell on the Participant’s behalf a whole number of shares from those Shares issuable to
the Participant upon settlement of the RSUs as the Company determines to be appropriate to generate cash proceeds sufficient to satisfy the Tax Withholding Obligation. The Participant’s acceptance of this Award constitutes the
Participant’s instruction and authorization to the Company and such brokerage firm to complete the transactions described in this Section 5(c). Any Shares to be sold through a broker-assisted sale will be sold on the day the Tax
Withholding Obligation arises or as soon thereafter as practicable. The Shares may be sold as part of a block trade with other participants of the Plan in which all participants receive an average price. The Participant will be responsible for all
broker’s fees and other costs of sale, and the Participant agrees to indemnify and hold the Company harmless from any losses, costs, damages, or expenses relating to any such sale. To the extent the proceeds of such sale exceed the Tax
Withholding Obligation, the Company agrees to pay such excess in cash to the Participant as soon as practicable. The Participant acknowledges that the Company or its designee is under no obligation to arrange for such sale at any particular price,
and that the proceeds of any such sale may not be sufficient to satisfy the Tax Withholding Obligation. 

(d)             To the maximum extent permitted by applicable law, with
respect to any taxable event arising from the RSUs, the Company further has the authority to deduct or withhold by the deduction of such amount as is necessary to satisfy any Tax Withholding Obligation from other compensation payable to the
Participant, or to require the Participant to satisfy any Tax Withholding Obligation through a cash payment to the Company with respect to which the Tax Withholding Obligation arises or through any other means permitted by the Plan. 

6. Consequences of Reorganization Events. In connection with a Reorganization Event (as defined in Section 10(b)(1) of the
Plan), Section 10(b)(3) of the Plan shall apply. 
 7. Miscellaneous. 

(a)             No Rights to Continued Service Relationship. The
Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service at the will of the Company (not through the act of being hired or acquiring Shares hereunder). The Participant
further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement with the Company for the vesting period, for any period,
or at all. The Participant acknowledges that for all 

  
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purposes of the Plan his or her service to the Company will cease on his or her last day of active relationship with the Company, as determined by the Company. 

(b)             Governing Law. This Agreement shall be construed,
interpreted and enforced in accordance with the internal laws of the State of Delaware without regard to any applicable conflicts of laws. 
 (c)             Participant’s Acknowledgments. The Participant acknowledges that he or she has read this Agreement, has received and
read the Plan, and understands the terms and conditions of this Agreement and Plan. Notwithstanding anything in this Agreement to the contrary, the Participant must accept the grant of RSUs and the terms of this Agreement in the manner
determined by the Company no later than thirty (30) days prior to the first vesting date set forth in Section 2(a) above or the Participant will immediately and automatically forfeit all rights to any of the RSUs on the date twenty-nine
(29) days prior to such first vesting date. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement.

  

							
	LogMeIn, Inc.	 	
			
	By:	 	 	 	
			
		 	Name:	 	 
		 	Title:	 	 

  
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 PARTICIPANT’S ACCEPTANCE OF AGREEMENT 

The Participant hereby accepts the foregoing grant as evidenced by this Agreement and agrees to the terms and conditions thereof and
acknowledges receipt of a copy of the Company’s Amended and Restated 2009 Stock Incentive Plan. 
  

			
	PARTICIPANT:
	
	 
		
	Address:    	 	 
		
		 	 

  
 - 4 -Summary of 2012 Executive Compensation

 Exhibit 10.27 
 SUMMARY OF 2012 EXECUTIVE COMPENSATION 
 The Company’s 2012 executive
compensation, as approved by the Compensation Committee of the Board of Directors and the full Board of Directors, is substantially consistent with 2011 executive compensation and consists of cash bonuses and equity incentives. With the guidance of
a compensation consultant, executive compensation was derived from third-party compensation survey data for comparable companies and executive positions and is based upon performance targets and payments tied to a percentage of base pay. The key
elements of executive compensation are as follows: 
 Bonus Incentive Compensation: 

Annual cash incentive bonuses are intended to compensate for the achievement of Company strategic, operational and financial goals and/or
individual performance objectives. Amounts payable are discretionary and typically calculated as a percentage of the applicable executive’s base salary, with higher ranked executives typically being compensated at a higher percentage of base
salary. Individual objectives are tied to the particular area of expertise of the employee and their performance in attaining those objectives relative to external forces, internal resources utilized and overall individual effort. The Compensation
Committee works with the Chief Executive Officer to develop and approve the performance goals for each executive and the Company as a whole. The goals established by the Compensation Committee and the Board of Directors are based on the
Company’s historical operating results and growth rates, as well as expected future results, and are designed to require significant effort and operational success on the part of the executives and the Company. These bonus awards are in two
levels based on the Company achieving certain specified operating metrics, including revenue and operating profit. The applicable bonus payable will be paid following the completion of 2012. 

The following table sets forth the 2012 salary and bonus, assuming achievement of 100% of the target based on the foregoing criteria, for
each of the Company’s named executive officers (as defined in Item 402(a)(3) of Regulation S-K): 
  

									
	 Name of Executive Officer
	  	2012
Base
Salary	 	  	Cash Bonus
(Assuming
Achievement
of 100% of
Target)	 
	 Michael K. Simon
	  	$	371,000	  	  	$	371,000	  
	 James F. Kelliher
	  	$	275,000	  	  	$	148,000	  
	 Seth L. Shaw
	  	$	215,000	  	  	$	185,000	  
	 Marton B. Anka
	  	$	260,000	  	  	$	130,000	  
	 Andrew F. Burton
	  	$	230,000	  	  	$	92,000	  
	 Michael J. Donahue
	  	$	230,000	  	  	$	92,000	  

 Equity Incentive Compensation: 
 The Company’s equity award program is the primary vehicle for offering long-term incentives to its executives. In determining these awards, the Compensation Committee considers a number of factors,
including the Company’s overall performance, the applicable executive’s overall performance and contribution to the Company’s overall performance, the size of awards granted to other executives and senior employees, the size of the
available equity pool and the recommendations of management. 

 The following option grants to executives were granted under the Company’s 2009 Stock
Incentive Plan and have an exercise price of $39.13 per share, the closing price of the Company’s common stock on February 17, 2012. The stock option grants to each executive officer vest in four equal installments over a four-year period
commencing on the first anniversary of the date of grant: 
  

					
	 Name
	  	2012 Stock
Option Grants	 
	 Michael K. Simon
	  	 	70,000	  
	 James F. Kelliher
	  	 	35,000	  
	 Seth L. Shaw
	  	 	—  	  
	 Marton B. Anka
	  	 	35,000	  
	 Andrew F. Burton
	  	 	35,000	  
	 Michael J. Donahue
	  	 	17,500	  

 The following restricted stock units to executives were awarded under the Company’s 2009 Stock
Incentive Plan. The restricted stock unit, or RSU, awards have an effective date of February 24, 2012 and vest in three equal installments over a three-year period commencing on the first anniversary of the effective date: 

 

					
	 Name
	  	2012
RSU Awards	 
	 Michael K. Simon
	  	 	15,000	  
	 James F. Kelliher
	  	 	7,500	  
	 Seth L. Shaw
	  	 	7,500	  
	 Marton B. Anka
	  	 	7,500	  
	 Andrew F. Burton
	  	 	7,500	  
	 Michael J. Donahue
	  	 	3,750

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