0001014108-18-000130.txt : 20180523
0001014108-18-000130.hdr.sgml : 20180523
20180523150407
ACCESSION NUMBER: 0001014108-18-000130
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180521
FILED AS OF DATE: 20180523
DATE AS OF CHANGE: 20180523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BURRELL JONATHAN
CENTRAL INDEX KEY: 0001134084
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31983
FILM NUMBER: 18854940
MAIL ADDRESS:
STREET 1: 18899 HAPPY HOLLOW ROAD
CITY: SPRING HILL
STATE: KS
ZIP: 66083
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GARMIN LTD
CENTRAL INDEX KEY: 0001121788
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
IRS NUMBER: 980229227
STATE OF INCORPORATION: V8
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: MUHLENTALSTRASSE 2
CITY: SCHAFFHAUSEN
STATE: V8
ZIP: CH-8200
BUSINESS PHONE: 41 52 630 1600
MAIL ADDRESS:
STREET 1: MUHLENTALSTRASSE 2
CITY: SCHAFFHAUSEN
STATE: V8
ZIP: CH-8200
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2018-05-21
0
0001121788
GARMIN LTD
GRMN
0001134084
BURRELL JONATHAN
18899 HAPPY HOLLOW ROAD
SPRING HILL
KS
66083
0
0
1
0
Registered Shares
40000
I
By trust
Registered Shares
2018-05-21
4
J
0
308800
A
1013270
I
By trust
Registered Shares
8720050
I
By CLATs
Registered Shares
2018-05-21
4
J
0
308800
D
13268800
I
By GRATs
Pursuant to a "substitution of assets" provision in the applicable trust documents for a grantor retained annuity trust (GRAT) established by the reporting person's mother, 308,800 shares were withdrawn from the GRAT and contributed to the revocable trust established by the reporting person's mother, and assets having a value equal to the withdrawn securities were contributed to the GRAT in substitution for the withdrawn securities. To the extent that this substitution of assets is deemed to be a purchase, the price reflecting the value for the withdrawn securities is $60.285 per share (which is the average of the reported high and low per share prices for the securities on the date of the transaction).
The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
The reporting person is a co-trustee of several charitable lead annuity trusts (CLATs) and holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
/s/Jonathan Burrell
2018-05-22