Form 4 for GRMN Garmin
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-25 · accession 0001127602-24-007049 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-27 | 2024-02-25 | GRMN | PEMBLE CLIFTON A | Pres, CEO, Dir | F - Tax | $135.51 | -8,327 | 160.9K | -5% | -$1.13M | |
| M | 2024-02-27 | 2024-02-26 | GRMN | PEMBLE CLIFTON A | Pres, CEO, Dir | S - Sale | $134.19 | -1,622 | 159.3K | -1% | -$217.7K |
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 | 2024-02-25 | F | D | 8,327 | $135.51 | 160,941 | D | — | — | (F1) 18,773 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 8,327 shares were withheld to pay a resulting tax liability. (F2) Includes 65,746 unvested shares acquired pursuant to previously granted restricted stock unit awards. |
| 2 | Common | Registered Shares | 2024-02-26 | S | D | 849 | $133.74 | 160,092 | D | — | — | (F3) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023. (F4) This transaction was executed in multiple trades at prices ranging from $133.38 to $134.335. 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. (F2) Includes 65,746 unvested shares acquired pursuant to previously granted restricted stock unit awards. |
| 3 | Common | Registered Shares | 2024-02-26 | S | D | 773 | $134.68 | 159,319 | D | — | — | (F3) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2023. (F5) This transaction was executed in multiple trades at prices ranging from $134.4 to $134.94. 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. (F2) Includes 65,746 unvested shares acquired pursuant to previously granted restricted stock unit awards. |