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GARMIN LTD — Director's Dealing 2023
Dec 19, 2023
30027_dirs_2023-12-19_ca136cb3-df5b-496c-b0aa-10f6c65e6ef8.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: 2023-12-15
Reporting Person: Munn Matthew (VP, Man. Director - Auto OEM)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-15 | Registered Shares | F | 709 | $126.13 | Disposed | 8314 | Direct |
| 2023-12-15 | Registered Shares | A | 3315 | — | Acquired | 11629 | Direct |
Footnotes
F1: On December 15, 2023, 2,473 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,473 shares, 709 shares were withheld to pay the resulting tax liability.
F2: Includes 4,360 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3: On December 15, 2023 the reporting person received a grant of 3,315 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2024.
F4: Includes 7,675 unvested shares acquired pursuant to the December 15, 2023 restricted stock unit award and previously granted restricted stock unit awards.