Sean Biddlecombe - 24 Feb 2023 Form 4/A - Amendment 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
24 Feb 2023
Net transactions value
-$130,603
Form type
4/A - Amendment
Filing time
31 Jan 2025, 18:30:04 UTC
Date Of Original Report
28 Feb 2023
Previous filing
19 Dec 2022
Next filing
07 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Sale $85,582 -867 -12% $98.71 6,130 24 Feb 2023 Direct F1
transaction GRMN Registered Shares Tax liability $45,021 -458 -7.5% $98.30 5,672 25 Feb 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,879 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F2 974 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, 458 shares were withheld to pay a resulting tax liability. Due to an administrative error, the original Form 4 filed on February 28, 2023 reported that 439 shares were withheld to pay a resulting tax liability, a difference of 19 shares.
F3 Includes 2,905 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F4 Due to the error described in Footnote 2 above, the original Form 4 omitted 19 shares from the number of shares beneficially owned by the reporting person following the reported transaction. These 19 shares were also omitted from subsequent Form 4s filed by the reporting person after the original Form 4 was filed.