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GARMIN LTD — Director's Dealing 2024
Feb 23, 2024
30027_dirs_2024-02-23_3ac219a5-9401-488f-8710-4a92ae869e77.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: Wang Cheng-Wei (General Manager - Garmin Corp.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-21 | Registered Shares | A | 3963 | — | Acquired | 50940 | Direct |
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 3,963 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1, (ii) 5,801 unvested shares acquired pursuant to other previously granted restricted stock units awards, and (iii) 99 shares acquired in December 2023 under the Garmin Ltd. Employee Stock Purchase Plan.