0001121788-17-000029.txt : 20171115 0001121788-17-000029.hdr.sgml : 20171115 20171115105646 ACCESSION NUMBER: 0001121788-17-000029 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171113 FILED AS OF DATE: 20171115 DATE AS OF CHANGE: 20171115 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PEMBLE CLIFTON A CENTRAL INDEX KEY: 0001264835 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31983 FILM NUMBER: 171204236 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 edgar.xml PRIMARY DOCUMENT X0306 4 2017-11-13 0001121788 GARMIN LTD GRMN 0001264835 PEMBLE CLIFTON A 1200 E. 151ST ST. OLATHE KS 66062 1 1 0 0 President and CEO Registered Shares 2017-11-10 5 G 0 1799 0 D 111402 D Registered Shares 2017-11-13 4 M 0 25000 50.97 A 136402 D Registered Shares 2017-11-13 4 F 0 22587 60.83 D 113815 D Registered Shares 2017-11-13 4 S 0 2413 60.30 D 111402 D Registered Shares 255 I By Child Stock-settled stock appreciation right 50.97 2017-11-13 4 M 0 25000 0 D 2018-06-06 Registered Shares 25000 0 D On November 10, 2017, the reporting person gifted 1,799 shares to a charitable organization. Includes 45,356 unvested shares acquired pursuant to previously granted restricted stock units awards. Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2017. Consists of (i) 20,948 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 1,639 shares withheld to pay the resulting tax liability. This transaction was executed in multiple trades at prices ranging from $60.07 to $60.50. 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. The stock appreciation right vested in five equal annual installments commencing on June 6, 2009. By Joshua H. Maxfield, Attorney-in-Fact 2017-11-15