Home/Filings/4/0001121788-15-000012
4//SEC Filing

GARMIN LTD 4

Accession 0001121788-15-000012

$GRMNCIK 0001121788operating

Filed

Jun 8, 8:00 PM ET

Accepted

Jun 9, 5:19 PM ET

Size

11.8 KB

Accession

0001121788-15-000012

Insider Transaction Report

Form 4
Period: 2015-06-05
ELLER DONALD
Director
Transactions
  • Tax Payment

    Registered Shares

    2015-06-01$45.39/sh200$9,07814,744 total
  • Tax Payment

    Registered Shares

    2015-06-07$45.26/sh239$10,81717,359 total
  • Award

    Registered Shares

    2015-06-05+3,00217,746 total
  • Tax Payment

    Registered Shares

    2015-06-06$45.26/sh148$6,69817,598 total
Holdings
  • Registered Shares

    (indirect: By Trust)
    500,000
Footnotes (8)
  • [F1]On June 1, 2015, 801 shares that were acquired pursuant to an award of restricted stock units on June 1, 2012 vested and were released to the reporting person. Of these 801 shares, 200 were withheld to pay a resulting tax liability.
  • [F2]Includes a total of 3,694 unvested shares that were acquired pursuant to previously granted restricted stock units awards.
  • [F3]Shares were acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan. The award vests in three equal annual installments beginning on June 5, 2016.
  • [F4]Includes (a) the 3,002 unvested shares that were acquired pursuant to the grant of the restricted stock units award described in footnote 3, and (b) a total of 3,694 additional unvested shares that were acquired pursuant to previously granted restricted stock units awards.
  • [F5]On June 6, 2015, 594 shares that were acquired pursuant to an award of restricted stock units on June 6, 2014 vested and were released to the reporting person. Of these 594 shares, 148 were withheld to pay a resulting tax liability.
  • [F6]Includes (a) the 3,002 unvested shares that were acquired pursuant to the grant of the restricted stock unit award described in footnote 3, and (b) a total of 3,100 additional unvested shares that were acquired pursuant to previously granted restricted stock units awards.
  • [F7]On June 7, 2015, 957 shares that were acquired pursuant to an award of restricted stock units on June 7, 2013 vested and were released to the reporting person. Of these 957 shares, 239 were withheld to pay a resulting tax liability.
  • [F8]Includes (a) the 3,002 unvested shares that were acquired pursuant to the grant of the restricted stock unit award described in footnote 3, and (b) a total of 2,143 additional unvested shares that were acquired pursuant to previously granted restricted stock units awards.

Issuer

GARMIN LTD

CIK 0001121788

Entity typeoperating
IncorporatedSwitzerland

Related Parties

1
  • filerCIK 0001121788

Filing Metadata

Form type
4
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:19 PM ET
Size
11.8 KB