0001127602-20-031669.txt : 20201217 0001127602-20-031669.hdr.sgml : 20201217 20201217103951 ACCESSION NUMBER: 0001127602-20-031669 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201215 FILED AS OF DATE: 20201217 DATE AS OF CHANGE: 20201217 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: 201394565 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: 1226 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 2020-12-15 0001121788 GARMIN LTD GRMN 0001264835 PEMBLE CLIFTON A 1200 E. 151ST ST. OLATHE KS 66062 1 1 President and CEO Registered Shares 2020-12-15 4 F 0 6773 119.19 D 130452 D Registered Shares 2020-12-15 4 A 0 11805 0 A 142257 D Registered Shares 2020-12-16 4 S 0 7398 118.222 D 134859 D Registered Shares 2020-12-16 4 S 0 1096 118.9544 D 133763 D Registered Shares 255 I By Child On December 15, 2020, 15,267 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 15,267 shares, 6,773 shares were withheld to pay the resulting tax liability. Includes 28,362 unvested shares acquired pursuant to previously granted restricted stock unit awards. On December 15, 2020 the reporting person received a grant of 11,805 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2021. Includes 40,167 unvested shares acquired pursuant to the December 15, 2020 restricted stock unit award and previously granted restricted stock unit awards. Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2020. This transaction was executed in multiple trades at prices ranging from $117.74 to $118.72. 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. This transaction was executed in multiple trades at prices ranging from $118.785 to $119.250. 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. /s/ Joshua H. Maxfield, Attorney-in-Fact 2020-12-17