Filing Details

Accession Number:
0000950170-24-137265
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-17 16:34:35
Reporting Period:
2024-12-15
Accepted Time:
2024-12-17 16:34:35
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
1450652 G. Douglas Boessen 1200 E. 151St St.
Olathe KS 66062
Cfo And Treasurer No No 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 2024-12-15 1,784 $215.40 26,334 No 4 F Direct
Registered Shares Acquisiton 2024-12-15 3,933 $0.00 30,267 No 4 A Direct
Registered Shares Disposition 2024-12-16 438 $216.00 29,829 No 4 S Direct
Registered Shares Disposition 2024-12-16 325 $216.60 29,504 No 4 S Direct
Registered Shares Disposition 2024-12-16 131 $218.72 29,373 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
No 4 S Direct
No 4 S Direct
Footnotes
  1. On December 15, 2024, 4,019 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 4,019 shares, 1,784 shares were withheld to pay the resulting tax liability.
  2. Includes 11,488 unvested shares acquired pursuant to previously granted restricted stock unit awards and 108 shares acquired by the reporting person in June 2024 under the Garmin Ltd. Employee Stock Purchase Plan.
  3. On December 15, 2024 the reporting person received a grant of 3,933 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
  4. Includes 15,421 unvested shares acquired pursuant to the December 15, 2024 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 August 12, 2024.
  6. This transaction was executed in multiple trades at prices ranging from $215.30 to $216.26. 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.
  7. This transaction was executed in multiple trades at prices ranging from $216.37 to $217.03. 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.
  8. This transaction was executed in multiple trades at prices ranging from $218.35 to $219.02. 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.