Andrew R. Etkind - Feb 25, 2024 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
Feb 25, 2024
Transactions value $
-$178,873
Form type
4
Date filed
2/27/2024, 01:25 PM
Previous 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 -$179K -1.32K -1.77% $135.51 73.3K Feb 25, 2024 Direct F1, F2
transaction GRMN Registered Shares Gift $0 -270 -0.37% $0.00 73K Feb 26, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,621 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, 1,320 shares were withheld to pay a resulting tax liability.
F2 Includes 7,700 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 Shares were gifted to members of the reporting person's family.