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