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GARMIN LTD — Director's Dealing 2021
Jun 7, 2021
30027_dirs_2021-06-07_8e412227-4e95-48b0-a125-52249d3a59cd.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: 2021-06-04
Reporting Person: Peffer Charles (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-04 | Registered Shares | A | 1045 | — | Acquired | 27284 | Direct |
| 2021-06-05 | Registered Shares | F | 399 | $143.64 | Disposed | 26885 | Direct |
Footnotes
F1: Shares acquired pursuant to a grant of restricted stock units under the Garmin Ltd. 2011 Non-Employee Directors' Equity Incentive Plan. The award vests on June 4, 2022.
F2: Includes (a) the 1,045 unvested shares acquired pursuant to the grant of the restricted stock unit award described in Footnote 1 and (b) a total of 2,459 additional unvested shares that were acquired pursuant to previously granted restricted stock unit awards.
F3: On June 5, 2021, 1,594 shares that were acquired pursuant to an award of restricted stock units on June 5, 2020 vested and were released to the reporting person. Of these 1,594 shares, 399 were withheld to pay a resulting tax liability.
F4: Includes 1,910 unvested shares that were acquired pursuant to previously granted restricted stock unit awards.