Sean Biddlecombe - Feb 24, 2023 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
Managing Director, EMEA
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Feb 24, 2023
Transactions value $
-$128,736
Form type
4
Date filed
2/28/2023, 04:35 PM
Previous filing
Dec 19, 2022
Next filing
Aug 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Sale -$85.6K -867 -12.39% $98.71 6.13K Feb 24, 2023 Direct F1
transaction GRMN Registered Shares Tax liability -$43.2K -439 -7.16% $98.30 5.69K Feb 25, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,879 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F2 974 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, 439 shares were withheld to pay a resulting tax liability.
F3 Includes 2,905 unvested shares acquired pursuant to previously granted restricted stock unit awards.