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GARMIN LTD — Director's Dealing 2022
Feb 19, 2022
30027_dirs_2022-02-18_c6056df1-a26b-4448-909a-729271ebb8e6.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: 2022-02-16
Reporting Person: Straub Philip (EVP, Man. Director - Aviation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-16 | Registered Shares | A | 7722 | — | Acquired | 81266.5 | Direct |
Footnotes
F1: Shares acquired pursuant to a restricted stock units award granted in February 2021 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, 2022.
F2: Includes the 7,722 unvested shares acquired pursuant to the restricted stock units award described in Footnote and 18,672 unvested shares acquired pursuant to other previously granted restricted stock units awards.