SEC Form 4/A · accession 0001121788-16-000068
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Clifton A Pemble
Officer — President and CEO · Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 20, 2016 · 5:39 pm EST
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 | Dec 15, 2016 | F | 3,348 | $49.42 | D | 94,405 | D | |
| Registered SharesF3,F4 | Dec 15, 2016 | A | 16,470 | $0.00 | A | 110,875 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 15, 2016 10,515 shares that were acquired by the reporting person pursuant to previously granted restricted stock units awards vested and were paid to the reporting person. Of those 10,515 shares, 3,348 shares were withheld to pay the resulting tax liability. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported that 4,415 shares, rather than 3,348 shares, were withheld to pay the resulting tax liability.
- F2Includes16,952 unvested shares acquired pursuant to previously granted restricted stock unit awards. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported 93,338 shares in this column in this line, rather than 94,405 shares.
- F3On December 15, 2016, the reporting person received a grant of 16,470 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2017.
- F4Includes 33,422 unvested shares acquired pursuant to the grant of the December 15, 2016 restricted stock units award and previously granted restricted stock unit awards. The Form 4 filed by the reporting person on December 16, 2016 mistakenly reported 109,808 shares in this column in this line, rather than 110,875 shares.