Bartel Danny J 4
4 · GARMIN LTD · Filed Dec 19, 2023
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Bartel Danny J
Vice President-Worldwide Sales
Transactions
- Award
Registered Shares
2023-12-15+2,487→ 215,189 total - Tax Payment
Registered Shares
2023-12-15$126.13/sh−800$100,904→ 212,702 total
Footnotes (4)
- [F1]On December 15, 2023, 2,720 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,720 shares, 800 shares were withheld to pay the resulting tax liability.
- [F2]Includes 4,667 unvested shares acquired pursuant to previously granted restricted stock unit awards, 267 shares acquired by the reporting person in June 2023 under the Garmin Ltd. Employee Stock Purchase Plan and 2,831 shares acquired by the reporting person pursuant to a dividend reinvestment plan.
- [F3]On December 15, 2023 the reporting person received a grant of 2,487 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2024.
- [F4]Includes 7,154 unvested shares acquired pursuant to the December 15, 2023 restricted stock unit award and previously granted restricted stock unit awards.