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GARMIN LTD — Director's Dealing 2016
Jun 8, 2016
30027_dirs_2016-06-08_5f2b2250-15fa-4217-b51d-16b46febb943.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: 2016-06-06
Reporting Person: ELLER DONALD (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-06 | Registered Shares | F | 250 | $42.15 | Disposed | 447759 | Direct |
| 2016-06-06 | Registered Shares | F | 148 | $42.69 | Disposed | 447611 | Direct |
| 2016-06-07 | Registered Shares | F | 239 | $43.03 | Disposed | 447372 | Direct |
Footnotes
F1: On June 6, 2016,1,001shares that were acquired pursuant to an award of restricted stock units on June 5, 2015 vested and were released to the reporting person. Of these 1,001shares, 250 were withheld to pay a resulting tax liability.
F2: Includes 4,144 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.
F3: On June 6, 2016, 593 shares that were acquired pursuant to an award of restricted stock units on June 6, 2014 vested and were released to the reporting person. Of these 593 shares, 148 were withheld to pay a resulting tax liability.
F4: Includes 3,551 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.
F5: On June 7, 2016, 957 shares that were acquired pursuant to an award of restricted stock units on June 7, 2013 vested and were released to the reporting person. Of these 957 shares, 239 were withheld to pay a resulting tax liability.
F6: Includes 2,594 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.