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GARMIN LTD — Director's Dealing 2024
Dec 17, 2024
30027_dirs_2024-12-17_bbac3c27-e084-4f45-ab45-6e18c3a8a3f2.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: 2024-12-15
Reporting Person: Straub Philip (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-15 | Registered Shares | F | 2604 | $215.4 | Disposed | 85518.5 | Direct |
| 2024-12-15 | Registered Shares | A | 4050 | — | Acquired | 89568.5 | Direct |
Footnotes
F1: On December 15, 2024, 5,883 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 5,883 shares, 2,604 shares were withheld to pay the resulting tax liability.
F2: Includes 14,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3: On December 15, 2024 the reporting person received a grant of 4,050 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4: Includes 18,071 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.