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GARMIN LTD — Director's Dealing 2025
Feb 22, 2025
30027_dirs_2025-02-21_6a87db39-86f2-47d2-ad44-a05772eacdc0.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: 2025-02-19
Reporting Person: Boessen Douglas G. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-19 | Registered Shares | A | 8742 | — | Acquired | 36424 | Direct |
Footnotes
F1: Shares acquired pursuant to a restricted stock units award granted in February 2024 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, 2025.
F2: Includes (i) 24,163 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and other previously granted restricted stock unit awards and (ii) 70 shares acquired in December 2024 under the Garmin Ltd. Employee Stock Purchase Plan.