Filing Details
- Accession Number:
- 0001127602-19-008245
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-26 06:59:06
- Reporting Period:
- 2019-02-22
- Accepted Time:
- 2019-02-26 06:59:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1483374 | Sean Biddlecombe | Liberty House Hounsdown Business Park Southampton X0 SO409LR | Managing Director, Emea | 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 | 2019-02-22 | 1,500 | $83.51 | 8,305 | No | 4 | S | Direct | |
| Registered Shares | Acquisiton | 2019-02-25 | 1,776 | $0.00 | 10,081 | No | 4 | A | Direct | |
| Registered Shares | Disposition | 2019-02-25 | 654 | $83.55 | 9,427 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $83.476 to $83.536. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
- Includes 3,648 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- Shares acquired pursuant to a restricted stock units award granted in February 2018 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2019.
- Includes 3,648 unvested shares acquired pursuant to previously granted restricted stock unit awards and the 1,776 unvested shares acquired pursuant to the restricted stock units award described in Footnote 3.
- 592 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 3 and 797 shares that were acquired by the reporting person pursuant to other previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 654 shares were withheld to pay a resulting tax liability.
- Includes 2,851 unvested shares acquired pursuant to previously granted restricted stock units awards and 1,184 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 3.
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