Wang Cheng-Wei - Sep 5, 2023 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
General Manager - Garmin Corp.
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Sep 5, 2023
Transactions value $
-$506,361
Form type
4
Date filed
9/5/2023, 04:55 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 Sale -$506K -4.79K -9.66% $105.62 44.8K Sep 5, 2023 Direct F1, F2
* 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 $105.43 to $105.875. 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 (i) 5,884 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 217 shares acquired by the reporting person in December 2022 and June 2023 under the Garmin Ltd. Employee Stock Purchase Plan.