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GARMIN LTD — Director's Dealing 2010
Nov 29, 2010
30027_dirs_2010-11-29_3718a269-dcd2-4895-9f2d-0a6cc7eb3890.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2010-11-23
Reporting Person: ETKIND ANDREW R (VP, General Counsel, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-23 | Common Shares | I | 1159.004 | $28.60 | Disposed | 32541 | Direct |
Footnotes
F1: Intra-plan transfer of proceeds from sale of Common Shares held in the reporting person's account in the Garmin International, Inc. 401(k) Plan to a mutual fund in the same Plan.
F2: The number of Common Shares reported in Column 5 includes (a) 12,000 unvested shares acquired pursuant to an award of 15,000 restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009), and (b) 6,670 unvested shares acquired pursuant to an award of 6,670 restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010).