Jonathan Burrell - 28 Feb 2022 Form 4 Insider Report for GARMIN LTD (GRMN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 14:50:23 UTC
Prior SEC filing
04 Jan 2022
Next SEC filing
07 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Burrell

Key filing fact

Jonathan Burrell filed Form 4 for GARMIN LTD (GRMN) on 02 Mar 2022.

Key facts

  • This page summarizes Jonathan Burrell's Form 4 filing for GARMIN LTD (GRMN).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2022, 14:50.

Change

  • Previous filing in this sequence was filed on 04 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GRMN transaction

Registered Shares

Gift

Transaction value
$0
Shares
+398,200
Change %
+437%
Price
$0.000000
Shares after
489,351
Date
28 Feb 2022
Ownership
By trust
Footnotes
F2
GRMN transaction

Registered Shares

Gift

Transaction value
$0
Shares
+819,996
Change %
+168%
Price
$0.000000
Shares after
1,309,347
Date
01 Mar 2022
Ownership
By trust
Footnotes
F2
GRMN transaction

Registered Shares

Gift

Transaction value
$0
Shares
-398,200
Change %
-3.8%
Price
$0.000000
Shares after
10,212,800
Date
28 Feb 2022
Ownership
By GRATs
Footnotes
F4
GRMN transaction

Registered Shares

Gift

Transaction value
$0
Shares
-819,996
Change %
-8%
Price
$0.000000
Shares after
9,392,804
Date
01 Mar 2022
Ownership
By GRATs
Footnotes
F4
GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,687
Date
28 Feb 2022
Ownership
Direct
Footnotes
F1
GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
28 Feb 2022
Ownership
By trust
GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,872,799
Date
28 Feb 2022
Ownership
By CLATs
Footnotes
F3
GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
766,498
Date
28 Feb 2022
Ownership
By trust
Footnotes
F5
GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
43,478
Date
28 Feb 2022
Ownership
By LLC
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Consists of (a) 4,642 Registered Shares, and (b) unvested RSUs awarded to the reporting person under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan that can be settled only in Registered Shares, which RSUs consist of the RSUs granted on June 4, 2021 that vest as to 1,045 shares on June 4, 2022.

Footnote F2

The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Footnote F3

The reporting person is a co-trustee of several charitable lead annuity trusts (CLATs) and holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Footnote F4

The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Footnote F5

The reporting person is a co-trustee of a GRAT remainder trust established for his benefit.

Footnote F6

The reporting person is the manager of a limited liability company, which is wholly-owned by a GRAT remainder trust established for the reporting person's benefit.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .