Home > Insider Trading > Filing (0001121788-11-000014)

Filing Details

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
1382587	J Danny Bartel	1200 East 151St Street Olathe KS 66062	Vice President,Worldwide Sales	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
Common Shares	Acquisiton	2011-08-22	7,000	$10.38	72,930	No	4	M	Direct
Common Shares	Disposition	2011-08-22	7,000	$31.39	65,930	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Employee stock option (right to buy)	Disposition	2011-08-22	7,000	$0.00	7,000	$10.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2011-12-21	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares	1,400	Indirect	Spouse has signing authority for an account that holds these shares

Footnotes

Stock option vested in five equal annual installments beginning on December 21, 2002.
The number of shares reported in Column 5 includes (a) 7,200 unvested shares acquired pursuant to a grant of 12,000 restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009), (b) 3,736 unvested shares acquired pursuant to a grant of 4,670 restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010), (c) 4,665 unvested shares that were acquired pursuant to a grant of restricted stock units in December 2010 (the award vests in five equal annual installments beginning in December 2011), and (d) 661 shares that were purchased for the reporting person's account in June 2011 as a participant in the Employee Stock Purchase Plan.