Wang Cheng-Wei 4
4 · GARMIN LTD · Filed Feb 26, 2019
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Wang Cheng-Wei
General Manager - Garmin Corp.
Transactions
- Award
Registered Shares
2019-02-25+3,552→ 27,636 total
Footnotes (2)
- [F1]Shares acquired pursuant to a restricted stock units award granted in February 2018 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. One-third, or 1,184 shares, were released to the reporting person on February 25, 2019, and the remaining 2,368 unvested shares vest in two equal annual installments.
- [F2]Includes 5,935 unvested shares acquired pursuant to previously granted restricted stock units awards and the 2,368 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1.