Filing Details
- Accession Number:
- 0001121788-12-000019
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-06-07 15:51:34
- Reporting Period:
- 2012-06-05
- Filing Date:
- 2012-06-07
- Accepted Time:
- 2012-06-07 15:51:34
- 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 |
|---|---|---|---|---|---|---|---|
| 1202227 | M Gene Betts | 8624 Calera Drive Austin TX 78735 | Yes | No | 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 | 2012-06-05 | 2,887 | $23.09 | 8,040 | No | 4 | M | Direct | |
| Common Shares | Acquisiton | 2012-06-05 | 1,994 | $33.44 | 10,034 | No | 4 | M | Direct | |
| Common Shares | Disposition | 2012-06-05 | 4,881 | $41.80 | 5,153 | 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 |
|---|---|---|---|---|---|---|---|
| Common Shares | Stock Option (right to buy) | Disposition | 2012-06-05 | 2,887 | $0.00 | 2,887 | $23.09 |
| Common Shares | Stock option (right to buy) | Disposition | 2012-06-05 | 1,994 | $0.00 | 1,994 | $33.44 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-06-05 | No | 4 | M | Direct | |
| 1,993 | 2020-05-20 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares | 1,000 | Indirect | By trust |
Footnotes
- The number of shares reported in Column 5 includes (a) 1,999 unvested shares that were acquired pursuant to the grant of 2,999 restricted stock units on June 3, 2011, which award vests in three equal annual installments beginning on June 3, 2012, and (b) 2,404 unvested shares that were acquired pursuant to the grant of 2,404 restricted stock units on June 1, 2012, which award vests in three equal annual installments beginning on June 1, 2013.
- The price is a weighted average price. The Common Shares were sold in separate transactions on the same day at prices ranging from $41.78 to $41.82 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.
- The stock option vests in three equal annual installments beginning on June 5, 2010.
- The stock option vests in three equal annual installments beginning on May 20, 2011.
Billionaire Hedge Funds
