Wang Cheng-Wei 4
4 · GARMIN LTD · Filed Feb 19, 2021
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Wang Cheng-Wei
General Manager - Garmin Corp.
Transactions
- Award
Registered Shares
2021-02-17+5,139→ 40,819 total
Footnotes (2)
- [F1]Shares acquired pursuant to a restricted stock units award granted in February 2020 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. The award vests in three equal annual installments beginning on February 25, 2021.
- [F2]Includes (i) the 5,139 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1, (ii) 7,974 unvested shares acquired pursuant to other previously granted restricted stock units awards, and (iii) 86 shares acquired in December 2020 under the Garmin Ltd. Employee Stock Purchase Plan.