Patrick Desbois - Feb 25, 2022 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
EVP, Operations
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Feb 25, 2022
Transactions value $
-$285,055
Form type
4
Date filed
3/1/2022, 04:37 PM
Previous filing
Feb 18, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$285K -2.55K -5.15% $111.83 47K Feb 25, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 6,540 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, 2,549 shares were withheld to pay a resulting tax liability.
F2 Includes 14,956 unvested shares acquired pursuant to previously granted restricted stock unit awards.