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GARMIN LTD — Director's Dealing 2024
Feb 23, 2024
30027_dirs_2024-02-23_2fd86615-9201-4cfb-a3d4-6f621248cd2f.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: 2024-02-21
Reporting Person: LYMAN SUSAN (VP, Global Consumer Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-21 | Registered Shares | A | 3564 | — | Acquired | 10384 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 51.4263 | Indirect |
Footnotes
F1: Shares acquired pursuant to a restricted stock units award granted in February 2023 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2024.
F2: Includes (i) the 3,564 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and (ii) 5,233 unvested shares acquired pursuant to previously other granted restricted stock units awards.