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GARMIN LTD — Director's Dealing 2021
Feb 19, 2021
30027_dirs_2021-02-19_2a81e1ca-68e3-43be-9ceb-90b17706fc30.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: 2021-02-17
Reporting Person: Bartel Danny J (VP, Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-17 | Registered Shares | A | 5999 | — | Acquired | 192849 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 1400 | Indirect |
Footnotes
F1: Shares acquired pursuant to a restricted stock units award granted in February 2020 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2021.
F2: Includes the 5,999 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and 9,778 unvested shares acquired pursuant to other previously granted restricted stock units awards.