SEC Form 4 · accession 0001127602-18-024898
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Straub
Officer — EVP, Man. Director - Aviation
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 11:52 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 | Aug 6, 2018 | S | 5,846 | $65.0907 | D | 52,389 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $65.081 to $65.140. 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.
- F2Includes 19,830 unvested shares acquired pursuant to previously granted restricted stock unit awards.