4//SEC Filing
GARMIN LTD 4
Accession 0001121788-13-000011
$GRMNCIK 0001121788operating
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 9:45 AM ET
Size
9.9 KB
Accession
0001121788-13-000011
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Poberezny Thomas
Director
Transactions
- Tax Payment
Registered Shares
2013-06-01$35.31/sh−200$7,062→ 4,953 total - Tax Payment
Registered Shares
2013-06-03$35.02/sh−250$8,755→ 4,703 total - Award
Registered Shares
2013-06-07+2,871→ 7,574 total
Footnotes (6)
- [F1]On June 1, 2013 802 shares that were acquired by the reporting person pursuant to the award of resticted stock units on June 1, 2012 were paid to the reporting person. 200 of these 802 shares were withheld to pay a resulting tax liability.
- [F2]The number of shares reported in Row 1, 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) 1,602 unvested shares that were acquired pursuant to the grant of 2,404 restricted stock units on June 1, 2012 (the award vests in three equal annual installments beginning on June 1, 2013).
- [F3]On June 3, 2013, 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) 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) 1,602 unvested shares that were acquired pursuant to the grant of 2,404 restricted stock units on June 1, 2012 (the award vests in three equal annual installments beginning on June 1, 2013).
- [F5]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 7, 2014.
- [F6]The number of shares reported in Row 3, Column 5 includes (a) 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), (b) 1,602 unvested shares that were acquired pursuant to the grant of 2,404 restricted stock units on June 1, 2012 (the award vests in three equal annual installments beginning on June 1, 2013) and (c) 2,871 unvested shares that were acquired pursuant to the grant of 2,871 restricted stock units on June 7, 2013 (the award vests in three equal annual installments beginning on June 7, 2014).
Documents
Issuer
GARMIN LTD
CIK 0001121788
Entity typeoperating
IncorporatedSwitzerland
Related Parties
1- filerCIK 0001121788
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 9:45 AM ET
- Size
- 9.9 KB