Filing Details

Accession Number:
0001127602-19-031382
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-01 09:25:39
Reporting Period:
2019-10-30
Accepted Time:
2019-11-01 09:25:39
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
1264835 A Clifton Pemble 1200 E. 151St St.
Olathe KS 66062
President And Ceo Yes 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 2019-10-30 4,704 $93.85 139,654 No 4 S Direct
Registered Shares Acquisiton 2019-10-31 9,983 $0.00 149,637 No 4 M Direct
Registered Shares Disposition 2019-10-31 7,257 $96.35 142,380 No 4 F Direct
Registered Shares Disposition 2019-10-31 2,726 $93.58 139,654 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Registered Shares Stock Appreciation Right Disposition 2019-10-31 9,983 $0.00 9,983 $49.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,246 2023-12-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Registered Shares 255 Indirect By Child
Footnotes
  1. Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2019.
  2. Includes 49,817 unvested shares acquired pursuant to previously granted restricted stock unit awards and 280 shares acquired by the reporting person in June 2019 under the Garmin Ltd. Employee Stock Purchase Plan.
  3. Consists of (i) 5,084 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 2,173 shares withheld to pay the resulting tax liability.
  4. This transaction was executed in multiple trades at prices ranging from $93.005 to $95.505. 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.
  5. The stock appreciation right vested in five equal annual installments beginning on December 10, 2013.