Form 4 for GRMN Garmin

Accepted 2024-02-28 00:00:00 ET · period of report 2024-02-27 · accession 0001127602-24-007368 · 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	2024-02-28	2024-02-27	GRMN	Boessen Douglas G.	CFO, Treas	S - Sale	$134.56	-5,267	30.4K	-15%	-$708.7K

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	2024-02-27	S	D	4,923	$134.52	30,704	D	—	—	(F1) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2023. (F2) This transaction was executed in multiple trades at prices ranging from $134.03 to $134.99. 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 15,507 unvested shares acquired pursuant to previously granted restricted stock unit awards.
2	Common	Registered Shares	2024-02-27	S	D	344	$135.14	30,360	D	—	—	(F1) Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2023. (F4) This transaction was executed in multiple trades at prices ranging from $135.03 to $135.23. 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 15,507 unvested shares acquired pursuant to previously granted restricted stock unit awards.