0001127602-18-008608.txt : 20180227
0001127602-18-008608.hdr.sgml : 20180227
20180227104842
ACCESSION NUMBER: 0001127602-18-008608
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180223
FILED AS OF DATE: 20180227
DATE AS OF CHANGE: 20180227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ETKIND ANDREW R
CENTRAL INDEX KEY: 0001239784
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-31983
FILM NUMBER: 18643434
MAIL ADDRESS:
STREET 1: 1200 E 151 ST ST
CITY: OLATHE
STATE: KS
ZIP: 66062
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GARMIN LTD
CENTRAL INDEX KEY: 0001121788
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
IRS NUMBER: 980229227
STATE OF INCORPORATION: V8
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: MUHLENTALSTRASSE 2
CITY: SCHAFFHAUSEN
STATE: V8
ZIP: CH-8200
BUSINESS PHONE: 41 52 630 1600
MAIL ADDRESS:
STREET 1: MUHLENTALSTRASSE 2
CITY: SCHAFFHAUSEN
STATE: V8
ZIP: CH-8200
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2018-02-23
0001121788
GARMIN LTD
GRMN
0001239784
ETKIND ANDREW R
MUEHLENTALSTRASSE 2
SCHAFFHAUSEN
V8
8200
SWITZERLAND
1
VP, General Counsel, Secretary
Registered Shares
2018-02-23
4
M
0
20000
50.97
A
65494
D
Registered Shares
2018-02-23
4
F
0
18071
60.39
D
47423
D
Registered Shares
2018-02-23
4
S
0
1929
60.61
D
45494
D
Registered Shares
2018-02-25
4
A
0
4281
0
A
49775
D
Registered Shares
2018-02-25
4
F
0
1213
60.35
D
48562
D
Stock Appreciation Right
50.97
2018-02-23
4
M
0
20000
0
D
2018-06-06
Registered Shares
20000
0
D
Includes 13,142 unvested shares acquired pursuant to previously granted restricted stock unit awards and 69 shares acquired by the reporting person in December 2017 under the Garmin Ltd. Employee Stock Purchase Plan
Consists of (i) 16,881 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 1,190 shares withheld to pay the resulting tax liability.
Shares acquired pursuant to a restricted stock units award granted in February 2017 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2018.
Includes 13,142 unvested shares acquired pursuant to previously granted restricted stock unit awards and the 4,281 unvested shares acquired pursuant to the restricted stock units award described in Footnote 3.
1,427 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 3 and 1,927 shares that were acquired by the reporting person pursuant to another previously granted restricted stock units award vested and were paid to the reporting person. Of these shares, 1,213 shares were withheld to pay a resulting tax liability.
Includes 11,215 unvested shares acquired pursuant to previously granted restricted stock units awards and 2,854 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 3.
The stock appreciation right vested in five equal annual installments commencing on June 6, 2009.
Andrew R. Etkind
2018-02-27