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GARMIN LTD — Director's Dealing 2016
Dec 13, 2016
30027_dirs_2016-12-13_001fad60-9c26-4d21-8c9a-f989ed1074aa.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: 2016-12-10
Reporting Person: Bartel Danny J (VP, Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-10 | Registered Shares | F | 455 | $50.50 | Disposed | 159867 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 1400 | Indirect |
Footnotes
F1: On December 10, 2016, 1,430 shares that were acquired by the reporting person pursuant to a previously granted restricted stock units award vested and were released to the reporting person. Of these 1,430 shares, 455 shares were withheld to pay the resulting tax liability.
F2: Includes 9,628 unvested shares acquired pursuant to previously awarded restricted stock units, and 211 shares acquired in the reporting person's account in the Garmin International, Inc. Retirement Plan since the reporting person's last Form 4.
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