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GARMIN LTD — Director's Dealing 2024
Dec 17, 2024
30027_dirs_2024-12-17_8f0d1f32-da9e-44ea-841a-3be86b23a299.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: MINARD LAURIE A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-15 | Registered Shares | F | 576 | $215.4 | Disposed | 3704 | Direct |
| 2024-12-15 | Registered Shares | A | 954 | — | Acquired | 4658 | Direct |
Footnotes
F1: On December 15, 2024, 1,295 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 1,295 shares, 576 shares were withheld to pay the resulting tax liability.
F2: Includes 2,985 unvested shares acquired pursuant to previously granted restricted stock unit awards and 87 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 954 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4: Includes 3,939 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.