Filing Details

Accession Number:
0001121788-12-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-03 15:55:59
Reporting Period:
2012-04-02
Filing Date:
2012-04-03
Accepted Time:
2012-04-03 14:55:59
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 East 151St Street
Olathe KS 66062
President And Coo 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 2012-04-02 5,000 $14.90 61,706 No 4 M Direct
Common Shares Disposition 2012-04-02 5,000 $47.08 56,706 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 Stock option (right to buy) Disposition 2012-04-02 5,000 $0.00 5,000 $14.90
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2012-12-26 No 4 M Direct
Footnotes
  1. Transaction was made pursuant to a Rule 10b5-1 Stock Trading Plan adopted by the reporting person on November 4, 2011.
  2. The number of Common Shares reported in Column 5 includes (a) 8,000 unvested shares acquired pursuant to an award of 10,000 restricted stock units on December 10, 2010 (the award vests in five equal annual installments beginning on December 10, 2011), (b) 6,000 unvested shares acquired pursuant to an award of 10,000 restricted stock units on December 11, 2009 (the award vests in five equal annual installments beginning on December 11, 2010), (c) 8,000 unvested shares that were acquired pursuant to a grant of 20,000 restricted stock units on December 12, 2008 (the award vests in five equal annual installments beginning on December 12, 2009), and (d) 8,055 unvested shares acquired pursuant to a grant of restricted stock units on December 14, 2011 (the award vests in five equal annual installments beginning on December 14, 2012).
  3. The stock option vested in five equal annual installments beginning on December 26, 2003.
  4. 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 $46.89 to $47.30 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.