SEC Form 4 · accession 0001121788-16-000044
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Peffer
Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 13, 2016 · 10:25 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 10, 2016 | A | 3,246 | $0.00 | A | 20,490 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan. The award vests in three equal annual installments beginning on June 10, 2017.
- F2Includes (a) the 3,246 unvested shares that were acquired pursuant to the grant of the restricted stock unit award described in footnote 1, and (b) a total of 2,594 additional unvested shares that were acquired pursuant to previously granted restricted stock units awards.