Form 4 for GRMN Garmin
Accepted 2023-06-13 00:00:00 ET · period of report 2023-06-09 · accession 0001014108-23-000105 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-13 | 2023-06-09 | GRMN | BURRELL JONATHAN | Dir | A - Grant | $0.00 | +1,501 | 8,428 | +22% | $0 | |
| MI | 2023-06-13 | 2023-06-12 | GRMN | BURRELL JONATHAN | Dir | G - Gift | $0.00 | 0 | 162.6K | New | $0 |
| 2023-06-13 | 2023-06-10 | GRMN | BURRELL JONATHAN | Dir | F - Tax | $105.34 | -376 | 8,052 | -4% | -$39.6K |
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 | 2023-06-09 | A | A | 1,501 | $0.00 | 8,428 | D By trust | — | — | (F1) Shares acquired pursuant to a grant of restricted stock units under the Garmin Ltd. 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 restricted stock unit award described in Footnote 1 and 1,502 unvested shares acquired pursuant to a previously granted restricted stock unit award. |
| 2 | Common | Registered Shares | 2023-06-12 | G | D | 132,600 | $0.00 | 167,400 | I | — | — | |
| 3 | Common | Registered Shares | 2023-06-12 | G | A | 132,600 | $0.00 | 162,600 | I | — | — | |
| 4 | Common | Registered Shares | 2023-06-10 | F | D | 376 | $105.34 | 8,052 | D By GRATs | — | — | (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 restricted stock unit award described in Footnote 1. (F10) The reporting person is a co-trustee of multiple grantor retained annuity trusts (GRATs) established by him, and his children hold the remainder interests therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |