Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-21-031480
Date:2021-12-15
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 2021-12-15 F 874 d $135.43 188,051 direct
REGISTERED SHARES 2021-12-15 A 2,031 a $0.00 190,082 direct
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, 2021, 2,391 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. of those 2,391 shares, 874 shares were withheld to pay the resulting tax liability.
f2 includes 7,800 unvested shares acquired pursuant to previously granted restricted stock unit awards and 208 shares acquired by the reporting person in june 2021 under the garmin ltd. employee stock purchase plan.
f3 previous form 4 filings inadvertently overreported the number of shares directly owned by the reporting person. the correct number of shares directly owned by the reporting person is reflected in this filing.
f4 previous form 4 filings erroneously reported that the reporting person indirectly owned 1,400 shares held in an account over which the reporting person's spouse had signing authority.
f5 includes 9,831 unvested shares acquired pursuant to the december 15, 2021 restricted stock unit award and previously granted restricted stock unit awards.
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