Form 4 for GRMN Garmin
Accepted 2022-06-07 00:00:00 ET · period of report 2022-06-04 · accession 0001014108-22-000119 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-06-07 | 2022-06-04 | GRMN | BURRELL JONATHAN | Dir, 10% | F - Tax | $104.81 | -262 | 5,425 | -5% | -$27.5K | |
| MI | 2022-06-07 | 2022-06-06 | GRMN | BURRELL JONATHAN | Dir, 10% | G - Gift | $0.00 | 0 | 22.7K | New | $0 |
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 | 2022-06-04 | F | D | 262 | $104.81 | 5,425 | D By trust | — | — | (F1) Consists of Registered Shares withheld to pay taxes resulting from the June 4, 2022 vesting and settlement of RSUs awarded to the reporting person with respect to 1,045 Registered Shares. |
| 2 | Common | Registered Shares | 2022-06-06 | G | A | 300,000 | $0.00 | 330,000 | I By trust | — | — | (F2) The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 3 | Common | Registered Shares | 2022-06-06 | G | D | 300,000 | $0.00 | 744,500 | I | — | — | |
| 4 | Common | Registered Shares | 2022-06-06 | G | A | 2,800,000 | $0.00 | 8,870,400 | I By trust | — | — | (F5) The reporting person is a co-trustee of a GRAT remainder trust established for his benefit. |
| 5 | Common | Registered Shares | 2022-06-06 | G | D | 2,800,000 | $0.00 | 22,747 | I By GRATs | — | — | (F4) The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |