| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRMN | Registered Shares | Tax liability | -$508K | -5.48K | -4.36% | $92.72 | 120K | Dec 15, 2022 | Direct | F1, F2 |
| transaction | GRMN | Registered Shares | Award | $0 | +20.1K | +16.68% | $0.00 | 140K | Dec 15, 2022 | Direct | F3, F4 |
| transaction | GRMN | Registered Shares | Sale | -$615K | -6.73K | -4.8% | $91.29 | 134K | Dec 16, 2022 | Direct | F4, F5, F6 |
| transaction | GRMN | Registered Shares | Sale | -$13.1K | -142 | -0.11% | $91.96 | 133K | Dec 16, 2022 | Direct | F4, F5 |
| holding | GRMN | Registered Shares | 255 | Dec 15, 2022 | By Child |
| Id | Content |
|---|---|
| F1 | On December 15, 2022, 12,358 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 12,358 shares, 5,483 shares were withheld to pay the resulting tax liability. |
| F2 | Includes 30,982 unvested shares acquired pursuant to previously granted restricted stock unit awards. |
| F3 | On December 15, 2022 the reporting person received a grant of 20,052 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2023. |
| F4 | Includes 51,034 unvested shares acquired pursuant to the December 15, 2022 restricted stock unit award and previously granted restricted stock unit awards. |
| F5 | Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2022 |
| F6 | This transaction was executed in multiple trades at prices ranging from $90.94 to $91.93. 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. |