Sean Biddlecombe - 15 Dec 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
Managing Director, EMEA
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Sean Biddlecombe
Issuer symbol
GRMN
Transactions as of
15 Dec 2024
Net transactions value
-$125,147
Form type
4
Filing time
17 Dec 2024, 16:22:35 UTC
Previous filing
07 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 $125,147 -581 -9.5% $215.40 5,566 15 Dec 2024 Direct F1, F2
transaction GRMN Registered Shares Award $0 +714 +13% $0.000000 6,280 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, 1,233 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 1,233 shares, 581 shares were withheld to pay the resulting tax liability.
F2 Includes 2,985 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 On December 15, 2024 the reporting person received a grant of 714 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4 Includes 3,699 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.