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GARMIN LTD — Director's Dealing 2024
Dec 17, 2024
30027_dirs_2024-12-17_39e03d94-5c36-45e3-895e-cfd0df9c8af5.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: Munn Matthew (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-15 | Registered Shares | F | 884 | $215.4 | Disposed | 9322 | Direct |
| 2024-12-15 | Registered Shares | A | 2382 | — | Acquired | 11704 | Direct |
Footnotes
F1: On December 15, 2024, 2,937 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,937 shares, 884 shares were withheld to pay the resulting tax liability.
F2: Includes 7,269 unvested shares acquired pursuant to previously granted restricted stock unit awards and 120 shares acquired by the reporting person in June 2024 under the Garmin Ltd. Employee Stock Purchase Plan.
F3: On December 15, 2024 the reporting person received a grant of 2,382 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4: Includes 9,531 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.