4//SEC Filing
BETTS GENE M 4
Accession 0001121788-12-000015
CIK 0001121788other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 9:46 AM ET
Size
7.8 KB
Accession
0001121788-12-000015
Insider Transaction Report
Form 4
GARMIN LTDGRMN
BETTS GENE M
Director
Transactions
- Tax Payment
Common Shares
2012-06-03$42.19/sh−250$10,548→ 5,153 total - Award
Common Shares
2012-06-01+2,404→ 5,403 total
Holdings
- 1,000(indirect: By Trust)
Common Shares
Footnotes (4)
- [F1]Shares were acquired pursuant to a grant of restricted stock units under the Garmin Ltd. 2011 Non-Employee Directors' Equity Incentive Plan. The award vests in three equal annual installments beginning on June 1, 2013.
- [F2]The number of shares reported in Row 1, Column 5 includes (a) 2,999 unvested shares that were acquired pursuant to the grant of 2,999 restricted stock units on June 3, 2011 (the award vests in three equal annual installments beginning on June 3, 2012), and (b) 2,404 unvested shares that were acquired pursuant to the grant of restricted stock units described in Footnote 1.
- [F3]On June 3, 2012, 1,000 shares that were acquired by the reporting person pursuant to the award of restricted stock units on June 3, 2011 were paid to the reporting person. 250 of these 1,000 shares were withheld to pay a resulting tax liability.
- [F4]The number of shares reported in Row 2, Column 5 includes (a) 1,999 unvested shares that were acquired pursuant to the grant of 2,999 restricted stock units on June 3, 2011 (the award vests in three equal annual installments beginning on June 3, 2012), and (b) 2,404 unvested shares that were acquired pursuant to the grant of restricted stock units described in Footnote 1.
Documents
Issuer
GARMIN LTD
CIK 0001121788
Entity typeother
Related Parties
1- filerCIK 0001202227
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 9:46 AM ET
- Size
- 7.8 KB