Form 4 for GRMN Garmin

Accepted 2021-12-17 00:00:00 ET · period of report 2021-12-15 · accession 0001127602-21-031480 · 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
	2021-12-17	2021-12-15	GRMN	Bartel Danny J	VP, Worldwide Sales	A - Grant	$0.00	+2,031	190.1K	+1%	$0
	2021-12-17	2021-12-15	GRMN	Bartel Danny J	VP, Worldwide Sales	F - Tax	$135.43	-874	188.1K	-0.5%	-$118.4K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Registered Shares	2021-12-15	A	A	2,031	$0.00	190,082	D	—	—	(F5) Includes 9,831 unvested shares acquired pursuant to the December 15, 2021 restricted stock unit award and previously granted restricted stock unit awards.
2	Common	Registered Shares	2021-12-15	F	D	874	$135.43	188,051	D	—	—	(F1) On December 15, 2021, 2,391 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,391 shares, 874 shares were withheld to pay the resulting tax liability. (F2) Includes 7,800 unvested shares acquired pursuant to previously granted restricted stock unit awards and 208 shares acquired by the reporting person in June 2021 under the Garmin Ltd. Employee Stock Purchase Plan. (F4) Previous Form 4 filings erroneously reported that the reporting person indirectly owned 1,400 shares held in an account over which the reporting person's spouse had signing authority. (F3) Previous Form 4 filings inadvertently overreported the number of shares directly owned by the reporting person. The correct number of shares directly owned by the reporting person is reflected in this filing.