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GARMIN LTD — Director's Dealing 2018
Mar 1, 2018
30027_dirs_2018-03-01_afa945fa-c710-459d-9be3-453d5a616f0f.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2018-02-25
Reporting Person: Straub Philip (EVP, Man. Director - Aviation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-25 | Registered Shares | F | 1357 | $60.35 | Disposed | 59111 | Direct |
Footnotes
F1: On February 25, 2018, (i) 1,529 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 1 of the Form 4 filed by the reporting person on February 27, 2018 and (ii) 2,067 shares that were acquired by the reporting person pursuant to another previously granted restricted stock units award vested and were paid to the reporting person. Of these shares, 1,357 shares were withheld to pay the resulting tax liability. Due to an administrative error, the Form 4 filed by the reporting person on February 27, 2018 incorrectly reported that 1,466 shares, rather than 1,357 shares, were withheld to pay the resulting tax liability.
F2: Includes 16,772 unvested shares acquired pursuant to previously granted restricted stock units awards and 3,058 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 of the Form 4 filed by the reporting person on February 27, 2018. Due to the administrative error identified in Footnote 1 above, the Form 4 filed by the reporting person on February 27, 2018 incorrectly reported 59,002 shares in this column in line 2 of Table I, rather than 59,111 shares.