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GARMIN LTD — Director's Dealing 2023
Jun 13, 2023
30027_dirs_2023-06-13_0f2ff5c1-8915-4e36-aed8-0518cfaeaa59.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: 2023-06-12
Reporting Person: Boessen Douglas G. (CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-12 | Registered Shares | S | 13289 | $105.37 | Disposed | 26207 | Direct |
| 2023-06-12 | Registered Shares | S | 2364 | $106.05 | Disposed | 23843 | Direct |
Footnotes
F1: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023.
F2: This transaction was executed in multiple trades at prices ranging from $104.855 to $105.82. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F3: Includes 8,501 unvested shares acquired pursuant to previously granted restricted stock units awards.
F4: This transaction was executed in multiple trades at prices ranging from $105.87 to $106.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.