Filing Details
- Accession Number:
- 0001121788-16-000065
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-16 16:16:51
- Reporting Period:
- 2016-12-14
- Filing Date:
- 2016-12-16
- Accepted Time:
- 2016-12-16 16:16:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1239784 | R Andrew Etkind | Muehlentalstrasse 2 Schaffhausen V8 8200 | Vp, General Counsel, Secretary | 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 | 2016-12-14 | 60 | $49.75 | 48,180 | No | 4 | F | Direct | |
| Registered Shares | Disposition | 2016-12-15 | 191 | $49.42 | 47,989 | No | 4 | F | Direct | |
| Registered Shares | Acquisiton | 2016-12-15 | 4,611 | $0.00 | 52,600 | No | 4 | A | Direct | |
| Registered Shares | Disposition | 2016-12-16 | 2,116 | $49.55 | 50,484 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- On December 14, 2016 1,074 shares that were acquired by the reporting person pursuant to a previously granted restricted stock units award vested and were paid to the reporting person. Of those 1,074 shares, 60 shares were withheld to pay a resulting tax liability.
- Includes 8,876 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- On December 15, 2016 3,398 shares that were acquired by the reporting person pursuant to previously granted restricted stock units awards vested and were paid to the reporting person. Of those 3,398 shares, 191 shares were withheld to pay a resulting tax liability.
- Includes 5,478 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- On December 15, 2016, the reporting person received a grant of 4,611 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2017.
- Includes 10,089 unvested shares acquired pursuant to the December 15, 2016 grant of restricted stock units award and previously granted restricted stock unit awards.
- The reporting person sold these shares to fund the additional tax liabilities resulting from receiving the shares that were released to him upon vesting of the restricted stock units awards in December 2016.
Billionaire Hedge Funds
