AI assistant
GARMIN LTD — Director's Dealing 2021
Dec 17, 2021
30027_dirs_2021-12-17_9c924e42-f26a-431c-abbe-1b148360d88c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2021-12-15
Reporting Person: Desbois Patrick (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-15 | Registered Shares | F | 1804 | $135.43 | Disposed | 38988 | Direct |
| 2021-12-15 | Registered Shares | A | 4062 | — | Acquired | 43050 | Direct |
Footnotes
F1: On December 15, 2021, 4,248 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 4,248 shares, 1,804 shares were withheld to pay the resulting tax liability.
F2: Includes 10,981 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3: On December 15, 2021 the reporting person received a grant of 4,062 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2022.
F4: Includes 15,043 unvested shares acquired pursuant to the December 15, 2021 restricted stock unit award and previously granted restricted stock unit awards.