Andrew R. Etkind - Dec 15, 2023 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
VP, General Counsel, Secretary
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Dec 15, 2023
Transactions value $
-$134,833
Form type
4
Date filed
12/19/2023, 10:52 AM
Previous filing
Feb 28, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$135K -1.07K -1.54% $126.13 68.2K Dec 15, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2023, 2,939 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,939 shares, 1,069 shares were withheld to pay the resulting tax liability.
F2 Includes 4,982 unvested shares acquired pursuant to previously granted restricted stock unit awards and 51 shares acquired by the reporting person in June 2023 under the Garmin Ltd. Employee Stock Purchase Plan.