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GARMIN LTD — Director's Dealing 2019
Nov 5, 2019
30027_dirs_2019-11-05_0e82c194-30ee-4916-a4ab-3ef406c566e7.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: 2019-11-01
Reporting Person: KAO MIN H (Director, Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-01 | Registered Shares | S | 18380 | $94.3051 | Disposed | 13358662 | Indirect |
| 2019-11-01 | Registered Shares | S | 38855 | $95.0267 | Disposed | 13319807 | Indirect |
| 2019-11-01 | Registered Shares | S | 6394 | $95.6182 | Disposed | 13313413 | Indirect |
| 2019-11-01 | Registered Shares | S | 55140 | $94.3051 | Disposed | 13258273 | Indirect |
| 2019-11-01 | Registered Shares | S | 116565 | $95.0267 | Disposed | 13141708 | Indirect |
| 2019-11-01 | Registered Shares | S | 19183 | $95.6182 | Disposed | 13122525 | Indirect |
| 2019-11-04 | Registered Shares | S | 52764 | $93.9174 | Disposed | 13069761 | Indirect |
| 2019-11-04 | Registered Shares | S | 11096 | $94.4564 | Disposed | 13058665 | Indirect |
| 2019-11-04 | Registered Shares | S | 158288 | $93.9174 | Disposed | 12900377 | Indirect |
| 2019-11-04 | Registered Shares | S | 33288 | $94.4564 | Disposed | 12867089 | 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 $93.55 to $94.54. 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 $94.55 to $95.53. 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 $95.55 to $95.69. 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 $93.55 to $94.54. 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.
F6: This transaction was executed in multiple trades at prices ranging from $94.55 to $95.53. 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.
F7: This transaction was executed in multiple trades at prices ranging from $95.55 to $95.69. 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.
F8: This transaction was executed in multiple trades at prices ranging from $93.32 to $94.31. 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.
F9: This transaction was executed in multiple trades at prices ranging from $94.32 to $95.22. 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.
F10: This transaction was executed in multiple trades at prices ranging from $93.32 to $94.31. 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.
F11: This transaction was executed in multiple trades at prices ranging from $94.32 to $95.22. 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.