Filing Details
- Accession Number:
- 0001127602-20-031669
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-17 10:39:51
- Reporting Period:
- 2020-12-15
- Accepted Time:
- 2020-12-17 10:39:51
- 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 E. 151St St. Olathe KS 66062 | President And Ceo | Yes | 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 | Disposition | 2020-12-15 | 6,773 | $119.19 | 130,452 | No | 4 | F | Direct | |
| Registered Shares | Acquisiton | 2020-12-15 | 11,805 | $0.00 | 142,257 | No | 4 | A | Direct | |
| Registered Shares | Disposition | 2020-12-16 | 7,398 | $118.22 | 134,859 | No | 4 | S | Direct | |
| Registered Shares | Disposition | 2020-12-16 | 1,096 | $118.95 | 133,763 | 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 |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Registered Shares | 255 | Indirect | By Child |
Footnotes
- On December 15, 2020, 15,267 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 15,267 shares, 6,773 shares were withheld to pay the resulting tax liability.
- Includes 28,362 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- On December 15, 2020 the reporting person received a grant of 11,805 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2021.
- Includes 40,167 unvested shares acquired pursuant to the December 15, 2020 restricted stock unit award and previously granted restricted stock unit awards.
- Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2020.
- This transaction was executed in multiple trades at prices ranging from $117.74 to $118.72. 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.
- This transaction was executed in multiple trades at prices ranging from $118.785 to $119.250. 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.
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