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GARMIN LTD — Director's Dealing 2018
Dec 18, 2018
30027_dirs_2018-12-18_d48795b5-3e22-44f3-8488-0b30670f0400.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: 2018-12-15
Reporting Person: Biddlecombe Sean (Managing Director, EMEA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-15 | Registered Shares | F | 622 | $65.14 | Disposed | 8578 | Direct |
| 2018-12-15 | Registered Shares | A | 1227 | — | Acquired | 9805 | Direct |
Footnotes
F1: On December 15, 2018, 1,320 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 1,320 shares, 622 shares were withheld to pay the resulting tax liability.
F2: Includes 2,421 unvested shares acquired pursuant to restricted stock units awards previously granted.
F3: On December 15, 2018 the reporting person received a grant of 1,227 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2019.
F4: Includes 3,648 unvested shares acquired pursuant to the December 15, 2018 restricted stock units award and previously granted restricted stock unit awards.