Clifton A. Pemble - Aug 1, 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
Aug 1, 2022
Transactions value $
-$1,573,673
Form type
4
Date filed
8/1/2022, 06:12 PM
Previous filing
Mar 1, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Sale -$1.57M -16.1K -9.96% $97.81 146K Aug 1, 2022 Direct F1, F2
holding GRMN Registered Shares 255 Aug 1, 2022 By Child
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $97.50 to $98.26. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F2 Includes 43,340 unvested shares acquired pursuant to previously granted restricted stock unit awards and 131 shares acquired in June 2022 under the Garmin Ltd. Employee Stock Purchase Plan.