0001127602-19-007608.txt : 20190222 0001127602-19-007608.hdr.sgml : 20190222 20190222095252 ACCESSION NUMBER: 0001127602-19-007608 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190221 FILED AS OF DATE: 20190222 DATE AS OF CHANGE: 20190222 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: 19624171 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: 1229 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 form4.xml PRIMARY DOCUMENT X0306 4 2019-02-21 0001121788 GARMIN LTD GRMN 0001264835 PEMBLE CLIFTON A 1200 E. 151ST ST. OLATHE KS 66062 1 1 President and CEO Registered Shares 2019-02-21 4 M 0 9263 49.07 A 141883 D Registered Shares 2019-02-21 4 F 0 6580 83.06 D 135303 D Registered Shares 2019-02-21 4 S 0 2683 82.3795 D 132620 D Registered Shares 255 I By Child Stock Appreciation Right 49.07 2019-02-21 4 M 0 9263 0 D 2023-12-10 Registered Shares 9263 29229 D Pursuant to a Rule 10b5-1 stock trading plan adopted by the reporting person on March 5, 2018. Includes 49,038 unvested shares acquired pursuant to previously granted restricted stock unit awards and 153 shares acquired by the reporting person in December 2018 under the Garmin Ltd. Employee Stock Purchase Plan. Consists of (i) 5,472 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 1,108 shares withheld to pay the resulting tax liability. This transaction was executed in multiple trades at prices ranging from $81.26 to $83.17. 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 beginning on December 10, 2013. By Andrew R. Etkind, Attorney-in-Fact 2019-02-22