Filing Details

Accession Number:
0001121788-12-000035
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-29 11:46:13
Reporting Period:
2012-11-28
Filing Date:
2012-11-29
Accepted Time:
2012-11-29 11:46:13
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
1382587 J Danny Bartel 1200 East 151St Street
Olathe KS 66062
Vice President,Worldwide Sales 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
Registered Shares Acquisiton 2012-11-28 10,000 $14.90 79,111 No 4 M Direct
Registered Shares Disposition 2012-11-28 10,000 $38.52 69,111 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
Registered Shares Employee stock option (right to buy) Disposition 2012-11-28 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
0 2012-12-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Registered Shares 1,400 Indirect Spouse has signing authority for an account that holds these shares
Footnotes
  1. Includes (a) 3,732 unvested shares acquired pursuant to an award of 4,665 restricted stock units on December 10, 2010 (the award vests in five equal annual installments beginning on December 10, 2011), (b) 2,802 unvested shares acquired pursuant to an award of 4,670 restricted stock units on December 11, 2009 (the award vests in five equal annual installments beginning on December 11, 2010), (c) 4,800 unvested shares that were acquired pursuant to a grant of 12,000 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 that were acquired pursuant to the grant 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) 130 shares purchased in December 2011 and 631 shares purchased in June 2012 for the reporting person's account under the employee stock purchase plan.
  2. This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $38.50 to $38.60 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 Registered Shares sold at each separate price within the range set forth in this Footnote.
  3. The stock option vested in five equal annual installments, beginning on December 26, 2003.