Filing Details

Accession Number:
0001121788-10-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-26 13:00:00
Reporting Period:
2010-03-26
Filing Date:
2010-03-26
Accepted Time:
2010-03-26 15:44:11
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
1239787 V Gary Kelley 1200 East 151St Street
Olathe KS 66062
Vice President - Marketing 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 2010-03-26 5,200 $27.27 13,506 No 4 M Direct
Common Shares Disposition 2010-03-26 5,817 $39.02 7,689 No 4 S Direct
Common Shares Disposition 2010-03-26 515 $39.02 7,174 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
Common Shares Employee stock option (right to buy) Disposition 2010-03-26 5,200 $0.00 5,200 $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. The stock option vested in five equal annual installments beginning on December 23, 2004.
  2. The number of Common Shares reported in Column 5 includes: (a) 617 shares that were paid to the reporting person net of tax withholding in December 2009 upon vesting of restricted stock units that were awarded to him in December 2008, (b) 3,600 unvested shares acquired pursuant to an award of 4,500 restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009), (c) 1,920 unvested shares that were acquired pursuant to an award of 1,920 restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010); and (d) 515 shares that were purchased for the reporting person's account in December 2009 as a participant in Garmin Ltd.'s Employee Stock Purchase Plan.