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GARMIN LTD — Director's Dealing 2016
Dec 20, 2016
30027_dirs_2016-12-20_61165e2b-12c1-4d8c-b897-babc263ab34d.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2016-12-15
Reporting Person: PEMBLE CLIFTON A (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-15 | Registered Shares | F | 3348 | $49.42 | Disposed | 94405 | Direct |
| 2016-12-15 | Registered Shares | A | 16470 | — | Acquired | 110875 | Direct |
Footnotes
F1: On December 15, 2016 10,515 shares that were acquired by the reporting person pursuant to previously granted restricted stock units awards vested and were paid to the reporting person. Of those 10,515 shares, 3,348 shares were withheld to pay the resulting tax liability. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported that 4,415 shares, rather than 3,348 shares, were withheld to pay the resulting tax liability.
F2: Includes16,952 unvested shares acquired pursuant to previously granted restricted stock unit awards. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported 93,338 shares in this column in this line, rather than 94,405 shares.
F3: On December 15, 2016, the reporting person received a grant of 16,470 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2017.
F4: Includes 33,422 unvested shares acquired pursuant to the grant of the December 15, 2016 restricted stock units award and previously granted restricted stock unit awards. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported 109,808 shares in this column in this line, rather than 110,875 shares.