Form 4 for GRMN Garmin

Accepted 2023-06-13 00:00:00 ET · period of report 2023-06-12 · accession 0001127602-23-018638 · 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
M	2023-06-13	2023-06-12	GRMN	Boessen Douglas G.	CFO, Treas	S - Sale	$105.47	-15.7K	23.8K	-40%	-$1.65M

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	2023-06-12	S	D	13,289	$105.37	26,207	D	—	—	(F1) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023. (F2) This transaction was executed in multiple trades at prices ranging from $104.855 to $105.82. 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. (F3) Includes 8,501 unvested shares acquired pursuant to previously granted restricted stock units awards.
2	Common	Registered Shares	2023-06-12	S	D	2,364	$106.05	23,843	D	—	—	(F1) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023. (F4) This transaction was executed in multiple trades at prices ranging from $105.87 to $106.20. 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. (F3) Includes 8,501 unvested shares acquired pursuant to previously granted restricted stock units awards.