Patrick Desbois - Feb 25, 2023 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, 2023
Transactions value $
-$606,818
Form type
4
Date filed
2/28/2023, 05:15 PM
Previous filing
Dec 19, 2022
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$214K -2.17K -4.09% $98.30 51K Feb 25, 2023 Direct F1, F2
transaction GRMN Registered Shares Sale -$393K -3.99K -7.82% $98.50 47.1K Feb 28, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 4,863 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, 2,174 shares were withheld to pay a resulting tax liability.
F2 Includes 14,149 unvested shares acquired pursuant to previously granted restricted stock unit awards.