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GARMIN LTD — Director's Dealing 2012
Dec 27, 2012
30027_dirs_2012-12-27_ae13221e-82d4-4a56-987e-8f0669bc76a9.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2012-02-29
Reporting Person: ETKIND ANDREW R (VP, General Counsel, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-29 | Common Shares | F | 1224 | $47.54 | Disposed | 44207 | Direct |
Footnotes
F1: In the Form 4 that was originally filed by the reporting person on March 1, 2012, due to an error in the information provided to the reporting person by the issuer, the reporting person erroneously reported that 1,555 shares were withheld for tax purposes. In fact, 1,224 shares were withheld for tax purposes. The purposes of this Amendment are to report that 1,224 shares were witheld for tax purposes and to add the 331 additional shares in Column 5. This Amendment also amends the Form 4 Amendment to the March 1, 2012 Form 4 that was filed by the reporting person on March 13, 2012, in which it was erroneously reported that no shares were withheld for tax purposes. Finally, the correction to Column 5 in this Amendment applies to all Forms 4 and Forms 4A that were filed between March 1, 2012 and the date of this Amendment.
F2: The number of Common Shares reported in Column 5 includes (a) 5,332 unvested shares acquired pursuant to an award of 6,665 restricted stock units on December 10, 2010 (the award vests in five equal annual installments beginning on December 10, 2011, (b) 4,002 unvested shares acquired pursuant to an award of 6,670 restricted stock units on December 11, 2009 (the award vests in five equal annual installments beginning on December 11, 2010), (c) 6,000 unvested shares that were acquired pursuant to a grant of 15,000 restricted stock units on December 12, 2008 (the award vests in five equal annual installments beginning on December 12, 2009), and (d) 5,370 unvested shares that were acquired pursuant to the award of restricted stock units on December 14, 2011 (the award vests in five equal annual installments beginning on December 14, 2012).