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GARMIN LTD — Director's Dealing 2016
Feb 24, 2016
30027_dirs_2016-02-24_1d2c56ed-1e25-44b9-afe7-3c912322ce23.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: 2016-02-23
Reporting Person: BURRELL JONATHAN (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-23 | Registered Shares | G | 6240000 | — | Disposed | 3062000 | Indirect |
| 2016-02-23 | Registered Shares | G | 6240000 | — | Acquired | 10303570 | Indirect |
| 2016-02-23 | Registered Shares | G | 2880000 | — | Disposed | 7423570 | Indirect |
| 2016-02-23 | Registered Shares | G | 2880000 | — | Acquired | 2880000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 60000 | Indirect |
| Registered Shares | 3200000 | Indirect |
| Registered Shares | 8897400 | Indirect |
Footnotes
F1: The reporting person is a co-trustee of his father's revocable trust and is his father's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2: The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3: The reporting person is a co-trustee of 4 grantor retained annuity trust (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4: The reporting person is a co-trustee of three charitable lead annuity trusts (CLATs) and holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F5: The reporting person is a co-trustee of 4 grantor retained annuity trust (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.