0001127602-21-010900.txt : 20210317 0001127602-21-010900.hdr.sgml : 20210317 20210317093405 ACCESSION NUMBER: 0001127602-21-010900 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210315 FILED AS OF DATE: 20210317 DATE AS OF CHANGE: 20210317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Boessen Douglas G. CENTRAL INDEX KEY: 0001450652 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31983 FILM NUMBER: 21749001 MAIL ADDRESS: STREET 1: 3231 S.E. SIXTH AVENUE CITY: TOPEKA STATE: KS ZIP: 66607 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 2021-03-15 0001121788 GARMIN LTD GRMN 0001450652 Boessen Douglas G. 1200 E. 151ST ST. OLATHE KS 66062 1 CFO and Treasurer Registered Shares 2021-03-15 4 M 0 12680 52.44 A 53402 D Registered Shares 2021-03-15 4 F 0 8095 128.11 D 45307 D Registered Shares 2021-03-15 4 S 0 4975 127.6131 D 40332 D Registered Shares 2021-03-15 4 S 0 2279 127.9644 D 38053 D Registered Shares 2021-03-16 4 S 0 1232 127.1293 D 36821 D Registered Shares 2021-03-16 4 S 0 2072 128.1002 D 34749 D Registered Shares 2021-03-16 4 S 0 1281 128.9559 D 33468 D Stock Appreciation Right 52.44 2021-03-15 4 M 0 12680 0 D 2025-12-15 Registered Shares 12680 0 D Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021. Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards. Consists of (i) 5,190 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 2,905 shares withheld to pay the resulting tax liability. This transaction was executed in multiple trades at prices ranging from $126.905 to $127.900. 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 $127.905 to $128.055. 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 $126.710 to $127.575. 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 $127.760 to $128.725. 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 $128.80 to $129.26. 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 award vested in five equal annual installments, beginning on December 15, 2015. /s/ Andrew R. Etkind, Attorney-in-Fact 2021-03-17