SEC Form 4 · accession 0001121788-16-000040
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Peffer
Director
Period of report
Jun 6, 2016
Accepted (ET)
Jun 8, 2016 · 9:27 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,F2 | Jun 6, 2016 | F | 250 | $42.15 | D | 17,631 | D | |
| Registered SharesF3,F4 | Jun 6, 2016 | F | 148 | $42.69 | D | 17,483 | D | |
| Registered SharesF5,F6 | Jun 7, 2016 | F | 239 | $43.03 | D | 17,244 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 6, 2016,1,001shares that were acquired pursuant to an award of restricted stock units on June 5, 2015 vested and were released to the reporting person. Of these 1,001shares, 250 were withheld to pay a resulting tax liability.
- F2Includes 4,144 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.
- F3On June 6, 2016, 593 shares that were acquired pursuant to an award of restricted stock units on June 6, 2014 vested and were released to the reporting person. Of these 593 shares, 148 were withheld to pay a resulting tax liability.
- F4Includes 3,551 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.
- F5On June 7, 2016, 957 shares that were acquired pursuant to an award of restricted stock units on June 7, 2013 vested and were released to the reporting person. Of these 957 shares, 239 were withheld to pay a resulting tax liability.
- F6Includes 2,594 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.