Filing Details
- Accession Number:
- 0001121788-14-000007
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-06 16:30:51
- Reporting Period:
- 2014-03-05
- Filing Date:
- 2014-03-06
- Accepted Time:
- 2014-03-06 16:30:51
- 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 St. 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 | Disposition | 2014-03-05 | 3 | $54.61 | 33,900 | No | 4 | S | Direct | |
| Registered Shares | Acquisiton | 2014-03-05 | 4,000 | $19.94 | 37,900 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-03-05 | 4,000 | $54.57 | 33,900 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| 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 | 2014-03-05 | 4,000 | $0.00 | 4,000 | $19.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,000 | 2014-09-23 | No | 4 | M | Direct |
Footnotes
- Shares were previously acquired under a dividend reinvestment plan.
- Includes (a) 1,600 unvested shares acquired pursuant to an award of 4,000 restricted stock units on December 10, 2010 (the award vests in five annual installments); (b) 800 unvested shares acquired pursuant to an award of 4,000 restricted stock units on December 11, 2009 (the award vests in five annual installments); (c) 2,256 unvested shares acquired pursuant to a grant of 3,760 restricted stock units on December 14, 2011 (the award vests in five annual installments); (d) 2,992 unvested shares acquired pursuant to an award of 4,488 restricted stock units on December 10, 2012 (the award vests in three annual installments); (e) 4,086 unvested shares acquired pursuant to the grant of restricted stock units on December 10, 2013 (the award vests in three equal annual installments); and (f) 73 shares acquired in December 2013 under the Employee Stock Purchase Plan.
- This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $54.56 to $54.60 per share. The reporting person undertakes to provide 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.
- The stock option vested in five equal annual installments, beginning on September 23, 2005.
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