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GARMIN LTD — Director's Dealing 2012
Dec 14, 2012
30027_dirs_2012-12-14_f324b4c8-1053-4f77-9264-da9ccd0f0de5.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: 2012-12-12
Reporting Person: KAO MIN H (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-12 | Registered Shares | S | 175000 | $41.1609 | Disposed | 9686188 | Direct |
| 2012-12-13 | Registered Shares | S | 175000 | $41.1342 | Disposed | 9511188 | Direct |
| 2012-12-14 | Registered Shares | S | 175000 | $40.8708 | Disposed | 9336188 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 24443568 | Indirect |
| Registered Shares | 5207824 | Indirect |
Footnotes
F1: Sale of shares pursuant to Rule 10b5-1 Stock Trading Plan adopted on August 28, 2012.
F2: This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $40.92 to $42.14 per share. 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.
F3: This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $40.65 to $41.63 per share. 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.
F4: This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $40.55 to $41.19 per share. 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.