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GARMIN LTD — Director's Dealing 2016
Jun 13, 2016
30027_dirs_2016-06-13_615ebbc1-904b-4f18-b2d3-853bb5051aad.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: 2016-06-10
Reporting Person: ELLER DONALD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-10 | Registered Shares | A | 3246 | — | Acquired | 450618 | Direct |
Footnotes
F1: Shares were acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan. The award vests in three equal annual installments beginning on June 10, 2017.
F2: Includes (a) the 3,246 unvested shares that were acquired pursuant to the grant of the restricted stock unit award described in footnote 1 and (b) a total of 2,594 additional unvested shares that were acquired pursuant to previously granted restricted stock units awards.
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