CLIFTON A. PEMBLE - 06 Aug 2021 Form 4 Insider Report for GARMIN LTD (GRMN)

Signature
/s/ Joshua H. Maxfield, Attorney-in-Fact
Issuer symbol
GRMN
Transactions as of
06 Aug 2021
Transactions value $
-$384,945
Form type
4
Filing time
10 Aug 2021, 11:56:36 UTC
Next filing
17 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Sale -$385K -2.33K -1.57% $165.00 147K 06 Aug 2021 Direct F1, F2
transaction GRMN Registered Shares Gift $0 -1.37K -0.94% $0.00 145K 10 Aug 2021 Direct F2, F3
holding GRMN Registered Shares 255 06 Aug 2021 By Child
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2021.
F2 Includes 44,331 unvested shares acquired pursuant to previously granted restricted stock unit awards and 109 shares acquired by the reporting person in June 2021 under the Garmin Ltd. Employee Stock Purchase Plan.
F3 Shares gifted to a charitable organization.