Filing Details
- Accession Number:
- 0001121788-12-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-13 09:54:34
- Reporting Period:
- 2012-08-09
- Filing Date:
- 2012-08-13
- Accepted Time:
- 2012-08-13 09:54:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1121788 | Garmin Ltd | GRMN | Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) | 980229227 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1533581 | Philip Straub | 1200 East 151St Street Olathe KS 66062 | Vp, Man. Director - Aviation | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Acquisiton | 2012-08-09 | 10,000 | $14.90 | 38,065 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2012-08-09 | 10,000 | $41.42 | 28,065 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Stock option (right to buy) | Disposition | 2012-08-09 | 10,000 | $0.00 | 10,000 | $14.90 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 5,000 | 2012-12-26 | No | 4 | M | Direct |
Footnotes
- This is a weighted average price. The Common Shares were sold in separate transactions on the same day at prices ranging from $41.40 to $41.45 per share. The reporting person undertakes toprovide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within therange set forth in this Footnote.
- The number of Common Shares reported in Column 5 of Table I includes (a) 3,200 unvested shares acquired pursuant to an award of 4,000 restricted stock units on December 10, 2010 (the award vests in five equal annual installments beginning on December 10, 2011), (b) 2,400 unvested shares acquired pursuant to an award of 4,000 restricted stock units on December 11, 2009 (the award vests in five equal annual installments beginning on December 11, 2010), (c) 4,000 unvested shares that were acquired pursuant to a grant of 10,000 restricted stock units on December 12, 2008 (the award vests in five equal annual installments beginning on December 12, 2009), (d) 3,760 unvested shares acquired pursuant to the award of 3,760 restricted stock units on December 14, 2011 (the award vests in five equal annual installments beginning on December 14, 2012), and (e) 860 total shares acquired by the reporting person in December 2011 and June 2012 under the Garmin Ltd. Employee Stock Purchase Plan.
- The stock option vested in five equal annual installments beginning on December 26, 2003.
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