GARMIN LTD 4
4 · GARMIN LTD · Filed Aug 24, 2015
Insider Transaction Report
Form 4
GARMIN LTDGRMN
ELLER DONALD
Director
Transactions
- Sale
Registered Shares
2015-08-21$39.00/sh−70,000$2,730,000→ 430,000 total(indirect: By Trust)
Holdings
- 17,359
Registered Shares
Footnotes (2)
- [F1]Includes (a) 801 unvested shares that were acquired pursuant to an award of restricted stock units on June 1, 2012, (b) 1,914 unvested shares acquired pursuant to a grant of restricted stock units on June 7, 2013, and (c) 1,780 unvested shares acquired pursuant to the grant of restricted stock units on June 6, 2014.
- [F2]The reporting person contributed Garmin Ltd. common stock to an exchange fund in exchange for shares of the exchange fund. The Garmin Ltd. common stock was valued at $39.00 per share for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.