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GARMIN LTD — Director's Dealing 2020
Jun 29, 2020
30027_dirs_2020-06-29_73ea2ced-9a7c-4af4-912c-f1b8ac9d23c4.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: 2020-06-25
Reporting Person: Desbois Patrick (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-25 | Registered Shares | S | 3470 | $94.919 | Disposed | 36472 | Direct |
| 2020-06-25 | Registered Shares | S | 348 | $95.2756 | Disposed | 36124 | Direct |
Footnotes
F1: Sale of shares pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2020.
F2: This transaction was executed in multiple trades at prices ranging from $94.23 to $95.19. 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: Includes 14,557 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F4: This transaction was executed in multiple trades at prices ranging from $95.23 to $95.36. 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.