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GARMIN LTD — Director's Dealing 2019
Nov 12, 2019
30027_dirs_2019-11-12_925dcb9d-c2d1-4cdf-86a0-f03b95fceec2.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: 2019-11-07
Reporting Person: KAO MIN H (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-07 | Registered Shares | S | 3286 | $93.6901 | Disposed | 12387676 | Indirect |
| 2019-11-07 | Registered Shares | S | 11320 | $94.6361 | Disposed | 12376356 | Indirect |
| 2019-11-07 | Registered Shares | S | 9856 | $93.6901 | Disposed | 12366500 | Indirect |
| 2019-11-07 | Registered Shares | S | 33961 | $94.6361 | Disposed | 12332539 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 6454753 | Indirect |
Footnotes
F1: Sale of shares pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2019.
F2: This transaction was executed in multiple trades at prices ranging from $93.05 to $94.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F3: This transaction was executed in multiple trades at prices ranging from $94.05 to $94.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F4: This transaction was executed in multiple trades at prices ranging from $93.05 to $94.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F5: This transaction was executed in multiple trades at prices ranging from $94.05 to $94.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.