Filing Details
- Accession Number:
- 0001121788-12-000055
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-21 10:34:18
- Reporting Period:
- 2012-12-20
- Filing Date:
- 2012-12-21
- Accepted Time:
- 2012-12-21 10:34:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1483374 | Sean Biddlecombe | Liberty House Hounsdown Business Park Southampton X0 SO409LR | Managing Director Emea | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Registered Shares | Acquisiton | 2012-12-20 | 3,618 | $27.27 | 13,723 | No | 4 | M | Direct | |
| Registered Shares | Acquisiton | 2012-12-20 | 5,400 | $19.94 | 19,123 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2012-12-20 | 9,018 | $41.74 | 10,105 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Registered Shares | Employee stock option (right to buy) | Disposition | 2012-12-20 | 3,618 | $0.00 | 3,618 | $27.27 |
| Registered Shares | Employee stock option (right to buy) | Disposition | 2012-12-20 | 5,400 | $0.00 | 5,400 | $19.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-12-23 | No | 4 | M | Direct | |
| 0 | 2014-09-23 | No | 4 | M | Direct |
Footnotes
- Includes (a) 750 unvested shares acquired pursuant to a grant of 3,750 restricted stock units in December 2008 (the award vests in five equal annual installments), (b) 632 unvested shares acquired pursuant to a grant of 1,580 restricted stock units in December 2009 (the award vests in five equal annual installments), (c) 999 unvested shares that were acquired pursuant to a grant of 1,665 restricted stock units in December 2010 (the award vests in five equal annual installments), (d) 1,072 unvested shares that were acquired pursuant to a grant of 1,340 restricted stock units in December 2011 (the award vests in five equal annual installments), and (e) 1,281 unvested shares that were acquired pursuant to a grant of 1,281 restricted stock units in December 2012 (the award vests in three equal annual instalmments).
- This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $41.71 to $41.80 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 Registered Shares sold at each separate price within the range set forth in this Footnote.
- The stock option vested in five equal annual installments beginning on December 23, 2004.
- The stock option vested in five equal annual installments beginning on September 23, 2005.
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