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GARMIN LTD — Director's Dealing 2015
Aug 25, 2015
30027_dirs_2015-08-24_0a2be7c2-f236-485e-b87d-0eedf57b872e.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: 2015-08-21
Reporting Person: ELLER DONALD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-21 | Registered Shares | S | 70000 | $39 | Disposed | 430000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 17359 | Direct |
Footnotes
F1: Includes (a) 801 unvested shares that were acquired pursuant to an award of restricted stock units on June 1, 2012, (b) 1,914 unvested shares acquired pursuant to a grant of restricted stock units on June 7, 2013, and (c) 1,780 unvested shares acquired pursuant to the grant of restricted stock units on June 6, 2014.
F2: The reporting person contributed Garmin Ltd. common stock to an exchange fund in exchange for shares of the exchange fund. The Garmin Ltd. common stock was valued at $39.00 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.