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