Bartel Danny J 4
4 · GARMIN LTD · Filed Feb 18, 2022
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Bartel Danny J
Vice President-Worldwide Sales
Transactions
- Award
Registered Shares
2022-02-16+4,523→ 205,898 total
Footnotes (2)
- [F1]Shares acquired pursuant to a restricted stock units award granted in February 2021 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, 2022.
- [F2]Includes (i) the 4,523 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1, (ii) 9,831 unvested shares acquired pursuant to other previously granted restricted stock units awards and (iii) 650 shares acquired pursuant to a dividend reinvestment plan.