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