Clifton A. Pemble - Feb 25, 2022 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
President and CEO, Director
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Feb 25, 2022
Transactions value $
-$851,250
Form type
4
Date filed
3/1/2022, 04:40 PM
Previous filing
Feb 18, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$851K -7.61K -4.5% $111.83 161K Feb 25, 2022 Direct F1, F2
holding GRMN Registered Shares 255 Feb 25, 2022 By Child
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 17,162 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, 7,612 shares were withheld to pay a resulting tax liability.
F2 Includes 43,340 unvested shares acquired pursuant to previously granted restricted stock unit awards.