Patrick Desbois - Dec 15, 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
co-COO
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Patrick Desbois
Stock symbol
GRMN
Transactions as of
Dec 15, 2024
Transactions value $
-$606,566
Form type
4
Date filed
12/17/2024, 04:35 PM
Previous filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$607K -2.82K -4.82% $215.40 55.6K Dec 15, 2024 Direct F1, F2
transaction GRMN Registered Shares Award $0 +4.77K +8.57% $0.00 60.4K Dec 15, 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, 6,376 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 6,376 shares, 2,816 shares were withheld to pay the resulting tax liability.
F2 Includes 16,350 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 On December 15, 2024 the reporting person received a grant of 4,767 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4 Includes 21,117 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.