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GARMIN LTD — Director's Dealing 2019
Dec 17, 2019
30027_dirs_2019-12-17_2b450a27-7e67-4bbb-b700-a5cfc20dcb56.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: 2019-12-15
Reporting Person: Biddlecombe Sean (Managing Director, EMEA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-15 | Registered Shares | F | 582 | $97.43 | Disposed | 8529 | Direct |
| 2019-12-15 | Registered Shares | A | 1074 | — | Acquired | 9603 | Direct |
Footnotes
F1: On December 15, 2019, 1,234 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 1,234 shares, 582 shares were withheld to pay the resulting tax liability.
F2: Includes 2,801 unvested shares acquired pursuant to restricted stock units awards previously granted.
F3: On December 15, 2019 the reporting person received a grant of 1,074 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2020.
F4: Includes 3,875 unvested shares acquired pursuant to the December 15, 2019 restricted stock units award and previously granted restricted stock unit awards.