Pokorny Brian James 4
4 · GARMIN LTD · Filed Dec 20, 2012
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Pokorny Brian James
Vice President - Operations
Transactions
- Sale
Registered Shares
2012-12-20$41.97/sh−4,992$209,534→ 9,776 total
Footnotes (2)
- [F1]This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $41.95 to $42.02 per share. The reporting person undertakes to provide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Registered Shares sold at each separate price within the range set forth in this Footnote.
- [F2]Includes: (a) 2,001 unvested shares that were acquired pursuant to an award of 3,335 restricted stock units on December 10, 2010 (the award vests in five equal annual installments), (b) 1,332 unvested shares that were acquired pursuant to an award of 3,330 restricted stock units on December 11, 2009 (the award vests in five equal annual installments), (c) 1,800 unvested shares that were acquired pursuant to an award of 9,000 restricted stock units on December 12, 2008 (the award vests in five equal annual installments), (d) 2,148 unvested shares that were acquired pursuant to an award of restricted stock units on December 14, 2011 (the award vests in five equal annual installments), and (e) 2,565 unvested shares that were acquired pursuant to an award of restricted stock units on December 10, 2012 (the award vests in three equal annual installments).