Peffer Charles 4
4 · GARMIN LTD · Filed Jun 12, 2023
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Peffer Charles
Director
Transactions
- Award
Registered Shares
2023-06-09+1,501→ 29,409 total - Tax Payment
Registered Shares
2023-06-10$105.34/sh−376$39,608→ 29,033 total
Footnotes (4)
- [F1]Shares acquired pursuant to a grant of restricted stock units under the Garmin Ltd. 2011 Non-Employee Directors' Equity Incentive Plan. The award vests on June 9, 2024.
- [F2]Includes the 1,501 unvested shares acquired pursuant to the grant of the restricted stock unit award described in Footnote 1 and 1,502 unvested shares acquired pursuant to a previously granted restricted stock unit award.
- [F3]1,502 shares that were acquired pursuant to an award of restricted stock units on June 10, 2022 vested and were released to the reporting person. Of these 1,502 shares, 376 were withheld to pay a resulting tax liability.
- [F4]Includes the 1,501 unvested shares acquired pursuant to the grant of the restricted stock unit award described in Footnote 1.