Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-19-035164
Date:2019-12-15
Issuer: GARMIN LTD (GRMN)
Original Submission Date:

Reporting Person:

BARTEL DANNY J
1200 E. 151ST ST.
OLATHE, KS 66062

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
REGISTERED SHARES 2019-12-15 F 1,167 d $97.43 179,929 direct
REGISTERED SHARES 2019-12-15 A 2,688 a $0.00 182,617 direct
REGISTERED SHARES 2019-12-15 0 $0.00 1,400 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 on december 15, 2019, 3,968 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. of those 3,968 shares, 1,167 shares were withheld to pay the resulting tax liability.
f2 includes 8,673 unvested shares acquired pursuant to restricted stock units awards previously granted and 399 shares acquired by the reporting person in june 2019 under the garmin ltd. employee stock purchase plan.
f3 on december 15, 2019 the reporting person received a grant of 2,688 restricted stock units, which vest in three equal annual installments, beginning on december 15, 2020.
f4 includes 11,361 unvested shares acquired pursuant to the december 15, 2019 restricted stock units award and previously granted restricted stock unit awards.
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