Filing Details

Accession Number:
0001127602-23-029919
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-19 11:02:47
Reporting Period:
2023-12-15
Accepted Time:
2023-12-19 11:02:47
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 2023-12-15 6,540 $126.13 109,089 No 4 F Direct
Registered Shares Acquisiton 2023-12-15 22,371 $0.00 131,460 No 4 A Direct
Registered Shares Disposition 2023-12-18 1,095 $125.90 130,365 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 A Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Registered Shares 255 Indirect By Child
Footnotes
  1. On December 15, 2023, 14,742 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 14,742 shares, 6,540 shares were withheld to pay the resulting tax liability.
  2. Includes 23,322 unvested shares acquired pursuant to previously granted restricted stock unit awards.
  3. On December 15, 2023 the reporting person received a grant of 22,371 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2024.
  4. Includes 45,693 unvested shares acquired pursuant to the December 15, 2023 restricted stock unit award and previously granted restricted stock unit awards.
  5. Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023.
  6. This transaction was executed in multiple trades at prices ranging from $125.41 to $126.31. 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.