February 21, 2024 · Form 4 insider transaction
LYMAN SUSAN bought 3,564 shares of Garmin Ltd. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares acquired pursuant to a restricted stock units award granted in February 2023 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, 2024.; Includes (i) the 3,564 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and (ii) 5,233 unvested shares acquired pursuant to previously other granted restricted stock units awards.