Danny J. Bartel - 19 Feb 2025 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
VP, Global Consumer Sales
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Danny J. Bartel
Issuer symbol
GRMN
Transactions as of
19 Feb 2025
Transactions value $
$0
Form type
4
Filing time
21 Feb 2025, 18:30:15 UTC
Previous filing
17 Dec 2024
Next filing
27 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 Award $0 +4.04K +3.82% $0.00 110K 19 Feb 2025 Direct F1, F2
holding GRMN Registered Shares 117K 19 Feb 2025 By 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to a restricted stock units award granted in February 2024 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2025.
F2 Includes 10,635 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and other previously granted restricted stock unit awards.
F3 Includes 494 shares acquired by the reporting person pursuant to a dividend reinvestment plan.