Home/Filings/4/0001121788-13-000041
4//SEC Filing

GARMIN LTD 4

Accession 0001121788-13-000041

$GRMNCIK 0001121788operating

Filed

Dec 15, 7:00 PM ET

Accepted

Dec 16, 12:29 PM ET

Size

8.3 KB

Accession

0001121788-13-000041

Insider Transaction Report

Form 4
Period: 2013-12-12
Pokorny Brian James
Vice President - Operations
Transactions
  • Tax Payment

    Registered Shares

    2013-12-12$47.51/sh573$27,22310,748 total
  • Tax Payment

    Registered Shares

    2013-12-14$47.05/sh171$8,04610,577 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).

Issuer

GARMIN LTD

CIK 0001121788

Entity typeoperating
IncorporatedSwitzerland

Related Parties

1
  • filerCIK 0001121788

Filing Metadata

Form type
4
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 12:29 PM ET
Size
8.3 KB