Susan Lyman - Feb 25, 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
VP, Global Consumer Marketing
Signature
/s/ Paul E. Cassat, Attorney-in-Fact
Stock symbol
GRMN
Transactions as of
Feb 25, 2024
Transactions value $
-$434,139
Form type
4
Date filed
2/27/2024, 01:17 PM
Previous filing
Feb 23, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$84.4K -623 -6% $135.51 9.76K Feb 25, 2024 Direct F1, F2
transaction GRMN Registered Shares Sale -$350K -2.59K -26.5% $135.18 7.17K Feb 26, 2024 Direct F2
holding GRMN Registered Shares 51.4 Feb 25, 2024 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,992 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, 623 shares were withheld to pay a resulting tax liability.
F2 Includes 6,805 unvested shares acquired pursuant to previously granted restricted stock unit awards.