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4//SEC Filing

KELLEY GARY V 4

Accession 0001121788-10-000007

CIK 0001121788other

Filed

Mar 25, 8:00 PM ET

Accepted

Mar 26, 3:44 PM ET

Size

10.9 KB

Accession

0001121788-10-000007

Insider Transaction Report

Form 4
Period: 2010-03-26
KELLEY GARY V
Vice President - Marketing
Transactions
  • Exercise/Conversion

    Common Shares

    2010-03-26$27.27/sh+5,200$141,80413,506 total
  • Sale

    Common Shares

    2010-03-26$39.02/sh5,817$226,9797,689 total
  • Sale

    Common Shares

    2010-03-26$39.02/sh515$20,0957,174 total
  • Exercise/Conversion

    Employee stock option (right to buy)

    2010-03-265,2000 total
    Exercise: $27.27Exp: 2013-12-23Common Shares (5,200 underlying)
Footnotes (2)
  • [F1]The stock option vested in five equal annual installments beginning on December 23, 2004.
  • [F2]The number of Common Shares reported in Column 5 includes: (a) 617 shares that were paid to the reporting person net of tax withholding in December 2009 upon vesting of restricted stock units that were awarded to him in December 2008, (b) 3,600 unvested shares acquired pursuant to an award of 4,500 restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009), (c) 1,920 unvested shares that were acquired pursuant to an award of 1,920 restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010); and (d) 515 shares that were purchased for the reporting person's account in December 2009 as a participant in Garmin Ltd.'s Employee Stock Purchase Plan.

Issuer

GARMIN LTD

CIK 0001121788

Entity typeother

Related Parties

1
  • filerCIK 0001239787

Filing Metadata

Form type
4
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 3:44 PM ET
Size
10.9 KB