GARMIN LTD 4
4 · GARMIN LTD · Filed Dec 16, 2013
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Pokorny Brian James
Vice President - Operations
Transactions
- Tax Payment
Registered Shares
2013-12-12$47.51/sh−573$27,223→ 10,748 total - Tax Payment
Registered Shares
2013-12-14$47.05/sh−171$8,046→ 10,577 total
Footnotes (4)
- [F1]On December 12, 2013, 1,800 shares that were acquired by the reporting person pursuant to the award of restricted stock units in December 2008 described in Footnote 2 vested and were paid to the reporting person. 573 of these 1,800 shares were withheld to pay the resulting tax liability.
- [F2]Includes (a) 1,334 unvested shares acquired pursuant to an award of 3,335 restricted stock units on December 10, 2010 (the award vests in five annual installments); (b) 666 unvested shares acquired pursuant to an award of 3,330 restricted stock units on December 11, 2009 (the award vests in five annual installments); (c) 2,148 unvested shares acquired pursuant to a grant of 2,685 restricted stock units on December 14, 2011 (the award vests in five annual installments); (d) 1,710 unvested shares acquired pursuant to an award of 2,565 restricted stock units on December 10, 2012 (the award vests in three annual installments); and (f) 1,839 unvested shares acquired pursuant to the grant of restricted stock units on December 10, 2013 (the award vests in three equal annual installments).
- [F3]On December 14, 2013, 537 shares that were acquired by the reporting person pursuant to the award of restricted stock units in December 2011 described in Footnote 2 vested and were paid to the reporting person. 171 of these 537 shares were withheld to pay the resulting tax liability.
- [F4]Includes (a) 1,334 unvested shares acquired pursuant to an award of 3,335 restricted stock units on December 10, 2010 (the award vests in five annual installments); (b) 666 unvested shares acquired pursuant to an award of 3,330 restricted stock units on December 11, 2009 (the award vests in five annual installments); (c) 1,611 unvested shares acquired pursuant to a grant of 2,685 restricted stock units on December 14, 2011 (the award vests in five annual installments); (d) 1,710 unvested shares acquired pursuant to an award of 2,565 restricted stock units on December 10, 2012 (the award vests in three annual installments); and (f) 1,839 unvested shares acquired pursuant to the grant of restricted stock units on December 10, 2013 (the award vests in three equal annual installments).