Filing Details
- Accession Number:
- 0001127602-23-007583
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-28 17:32:56
- Reporting Period:
- 2023-02-25
- Accepted Time:
- 2023-02-28 17:32:56
- 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 | 2023-02-25 | 5,754 | $98.30 | 127,676 | No | 4 | F | Direct | |
| Registered Shares | Disposition | 2023-02-27 | 6,127 | $98.40 | 121,549 | No | 4 | S | Direct | |
| Registered Shares | Disposition | 2023-02-27 | 1,089 | $99.30 | 120,460 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Registered Shares | 255 | Indirect | By Child |
Footnotes
- 12,970 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 5,754 shares were withheld to pay a resulting tax liability.
- Includes (i) 38,064 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 72 shares acquired in December 2022 under the Garmin Ltd. Employee Stock Purchase Plan.
- Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2022
- This transaction was executed in multiple trades at prices ranging from $98.04 to $98.995. 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.
- This transaction was executed in multiple trades at prices ranging from $99.04 to $99.46. 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.
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