Form 4 for GRMN Garmin
Accepted 2024-12-17 00:00:00 ET · period of report 2024-12-15 · accession 0000950170-24-137279 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| T | 2024-12-17 | 2024-12-15 | GRMN | PEMBLE CLIFTON A | Pres, CEO, Dir | A - Grant | $0.00 | +13.8K | 148.2K | +10% | $0 |
| MT | 2024-12-17 | 2024-12-16 | GRMN | PEMBLE CLIFTON A | Pres, CEO, Dir | S - Sale | $216.58 | -10.2K | 139.3K | -7% | -$2.20M |
| T | 2024-12-17 | 2024-12-15 | GRMN | PEMBLE CLIFTON A | Pres, CEO, Dir | F - Tax | $215.40 | -8,102 | 134.4K | -6% | -$1.75M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Registered Shares | 2024-12-15 | A | A | 13,821 | $0.00 | 148,223 | D | — | — | (F3) On December 15, 2024 the reporting person received a grant of 13,821 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025. (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |
| 2 | Common | Registered Shares | 2024-12-16 | S | D | 5,452 | $216.02 | 142,771 | D | — | — | (F6) This transaction was executed in multiple trades at prices ranging from $215.30 to $216.28. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range. (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |
| 3 | Common | Registered Shares | 2024-12-16 | S | D | 864 | $218.48 | 138,413 | D | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $218.02 to $218.92. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range. (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |
| 4 | Common | Registered Shares | 2024-12-16 | S | D | 238 | $219.67 | 138,175 | D | — | — | (F9) This transaction was executed in multiple trades at prices ranging from $219.165 to $219.86. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range. (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |
| 5 | Common | Registered Shares | 2024-12-16 | S | D | 114 | $220.22 | 138,061 | D | — | — | (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |
| 6 | Common | Registered Shares | 2024-12-15 | F | D | 8,102 | $215.40 | 134,402 | D | — | — | (F1) On December 15, 2024, 18,264 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 18,264 shares, 8,102 shares were withheld to pay the resulting tax liability. (F2) Includes 47,482 unvested shares acquired pursuant to previously granted restricted stock unit awards. |
| 7 | Common | Registered Shares | 2024-12-16 | S | D | 3,494 | $216.65 | 139,277 | D | — | — | (F7) This transaction was executed in multiple trades at prices ranging from $216.31 to $217.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range. (F4) Includes 61,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards. |