Filing Details

Accession Number:
0001121788-12-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-26 12:18:40
Reporting Period:
2012-12-21
Filing Date:
2012-12-26
Accepted Time:
2012-12-26 12:18:40
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
Registered Shares Acquisiton 2012-12-21 10,000 $27.27 41,198 No 4 M Direct
Registered Shares Disposition 2012-12-21 10,000 $40.97 31,198 No 4 S Direct
Registered Shares Disposition 2012-12-21 301 $41.01 30,897 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2012-12-21 10,000 $0.00 10,000 $27.27
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-12-23 No 4 M Direct
Footnotes
  1. Includes (a) 2,400 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), (b) 1,600 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), (c) 2,000 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), (d) 3,008 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), and (e) 4,488 unvested shares acquired pursuant to the award of 4,448 restricted stock units on December 10, 2012 (the award vests in three equal annual installments).
  2. This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $40.96 to $41.011 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 23, 2004.