Philip Straub - 15 Dec 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
EVP, Man. Director - Aviation
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Philip Straub
Issuer symbol
GRMN
Transactions as of
15 Dec 2024
Transactions value $
-$560,902
Form type
4
Filing time
17 Dec 2024, 16:32:27 UTC
Previous filing
12 Nov 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$561K -2.6K -2.95% $215.40 85.5K 15 Dec 2024 Direct F1, F2
transaction GRMN Registered Shares Award $0 +4.05K +4.74% $0.00 89.6K 15 Dec 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2024, 5,883 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 5,883 shares, 2,604 shares were withheld to pay the resulting tax liability.
F2 Includes 14,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 On December 15, 2024 the reporting person received a grant of 4,050 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4 Includes 18,071 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.