Filing Details

Accession Number:
0001121788-11-000022
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-07 09:35:09
Reporting Period:
2011-11-04
Filing Date:
2011-11-07
Accepted Time:
2011-11-07 09:35:09
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
1533581 Philip Straub
1200 East 151St Street
Olathe KS 66062
Vp, Man. Director - Aviation 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 2011-11-04 2,500 $10.38 27,076 No 4 M Direct
Common Shares Disposition 2011-11-04 2,500 $35.38 24,576 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 2011-11-04 2,500 $0.00 2,500 $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
Footnotes
  1. The stock option vested in five equal annual installments, beginning on December 21, 2002.
  2. The number of shares reported in Column 2 of Table I includes: (1) 6,000 unvested shares acquired pursuant to an award of restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009); (2) 3,200 unvested shares acquired pursuant to an award of restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010); and (3) 4,000 unvested shares acquired pursuant to an award of restricted stock units in December 2010 (the award vests in five equal annual installments beginning in December 2011).
  3. The price reported in Column 4 is a weighted average price. The Common Shares were sold in separate transactions on the same day at prices ranging from $35.37 to $35.40 per share. The reporting person undertakes toprovide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within therange set forth in this Footnote.