Danny J. Bartel - 25 Feb 2023 Form 4 Insider Report for GARMIN LTD (GRMN)

Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Issuer symbol
GRMN
Transactions as of
25 Feb 2023
Transactions value $
-$103,805
Form type
4
Filing time
28 Feb 2023, 16:34:04 UTC
Previous filing
19 Dec 2022
Next filing
19 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$104K -1.06K -0.5% $98.30 210K 25 Feb 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,508 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 1,056 shares were withheld to pay a resulting tax liability.
F2 Includes (i) 7,387 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 1,030 shares acquired by the reporting person pursuant to a dividend reinvestment plan.