Filing Details
- Accession Number:
- 0001121788-14-000024
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-07 16:51:10
- Reporting Period:
- 2014-11-05
- Filing Date:
- 2014-11-07
- Accepted Time:
- 2014-11-07 16:51:10
- 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 |
|---|---|---|---|---|---|---|---|
| 1239788 | Kevin Rauckman | 1200 E. 151St Street Olathe KS 66062 | Vp, Executive Office | 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 | 2014-11-05 | 12,000 | $30.66 | 51,431 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 6,609 | $55.67 | 44,822 | No | 4 | D | Direct | |
| Registered Shares | Acquisiton | 2014-11-05 | 15,000 | $46.15 | 59,822 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 12,435 | $55.67 | 47,387 | No | 4 | D | Direct | |
| Registered Shares | Acquisiton | 2014-11-05 | 15,000 | $51.07 | 62,387 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 13,761 | $55.67 | 48,626 | No | 4 | D | Direct | |
| Registered Shares | Acquisiton | 2014-11-05 | 20,000 | $50.97 | 68,626 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 18,312 | $55.67 | 50,314 | No | 4 | D | Direct | |
| Registered Shares | Acquisiton | 2014-11-05 | 5,644 | $39.71 | 55,958 | No | 4 | M | Direct | |
| Registered Shares | Acquisiton | 2014-11-05 | 3,195 | $42.16 | 59,153 | No | 4 | M | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 8,839 | $55.68 | 50,314 | No | 4 | S | Direct | |
| Registered Shares | Disposition | 2014-11-05 | 10,883 | $55.72 | 39,431 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Registered Shares | Stock-settled stock appreciation right | Disposition | 2014-11-05 | 12,000 | $0.00 | 12,000 | $30.66 |
| Registered Shares | Stock-settled stock appreciation right | Disposition | 2014-11-05 | 15,000 | $0.00 | 15,000 | $46.15 |
| Registered Shares | Stock-settled stock appreciation right | Disposition | 2014-11-05 | 15,000 | $0.00 | 15,000 | $51.07 |
| Registered Shares | Stock-settled stock appreciation right | Disposition | 2014-11-05 | 20,000 | $0.00 | 20,000 | $50.97 |
| Registered Shares | Employee stock option (right to buy) | Disposition | 2014-11-05 | 5,644 | $0.00 | 5,644 | $39.71 |
| Registered Shares | Employee stock option (right to buy) | Disposition | 2014-11-05 | 3,195 | $0.00 | 3,195 | $42.16 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2015-12-16 | No | 4 | M | Direct | |
| 0 | 2015-06-09 | No | 4 | M | Direct | |
| 0 | 2016-12-05 | No | 4 | M | Direct | |
| 0 | 2018-06-06 | No | 4 | M | Direct | |
| 0 | 2021-12-28 | No | 4 | M | Direct | |
| 0 | 2022-12-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Registered Shares | 2,850 | Indirect | By spouse |
| Registered Shares | 300 | Indirect | By children |
Footnotes
- Includes 14,930 unvested shares acquired pursuant to prior awards of restricted stock units and 294 shares acquired in June 2014 under the Employee Stock Purchase Plan.
- This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $55.66 to $55.77. The reporting person undertakes to provide 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 appreciation right vested in five equal annual installments beginning on December 16, 2006.
- The stock appreciation right vested in five equal annual installments beginning on June 9, 2007.
- The stock appreciation right vested in five equal annual installments beginning on December 5, 2007.
- The stock appreciation right vested in five equal annual installments beginning on June 6, 2009.
- The stock option vests in five equal annual installments, beginning on December 28, 2012.
- The stock options vests in five equal annual installments, beginning on December 10, 2013.
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