SEC Form 4 · accession 0001121788-15-000008
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danny J Bartel
Officer — VP, Worldwide Sales
Period of report
May 12, 2015
Accepted (ET)
Jun 3, 2015 · 11:24 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001121788
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Registered SharesF1 | May 12, 2015 | M | 5,000 | $21.59 | A | 83,092 | D | |
| Registered SharesF1 | May 12, 2015 | D | 2,311 | $46.57 | D | 80,781 | D | |
| Registered SharesF1 | May 12, 2015 | S | 2,689 | $46.57 | D | 78,092 | D | |
| Registered Shares | holding | — | — | — | 1,400 | I | Spouse has signing authority for an account that holds these shares |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-settled stock appreciation rightF2 | $21.59 | May 12, 2015 | M | 5,000 | D | — | Jun 23, 2015 | Registered Shares | 5,000 | 0 | D |
Explanation of responses
- F1Includes 10,963 unvested shares acquired pursuant to previously granted awards of restricted stock units.
- F2The stock appreciation right vested in five equal annual installments beginning on June 23, 2006.