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Burrell Jonathan – ‘4’ for 3/18/24 re: Garmin Ltd.

On:  Monday, 3/18/24, at 1:16pm ET   ·   For:  3/18/24   ·   As:  Director   ·   Accession #:  1014108-24-18   ·   File #:  1-41118

Previous ‘4’:  ‘4’ on 3/15/24 for 3/13/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/18/24  Burrell Jonathan                  4          Director    1:10K  Garmin Ltd.                       Stinson LLP/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML     10K 
                Securities by an Insider -- primary_doc.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  3/18/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  1121788
Issuer Name:  GARMIN LTD
Issuer Trading Symbol:  GRMN
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1134084
Owner Name:  BURRELL JONATHAN
Reporting Owner Address:
Owner Street 1:  6300 WEST 143RD STREET
Owner Street 2:
Owner City:  OVERLAND PARK
Owner State:  KS
Owner ZIP Code:  66223
Owner State Description:
Reporting Owner Relationship:
Is Director?  Yes
Is Officer?  No
Is Ten Percent Owner?  No
Is Other?  No
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  8,052
Footnote ID:  F1
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  266,400
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By GRATs
Footnote ID:  F2
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  63,600
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By trust
Non-Derivative Transaction:
Security Title:
Value:  Registered Shares
Transaction Date:
Value:  3/18/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  G
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  45,600
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  7,849,847
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By GRATs
Footnote ID:  F3
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  9,223,049
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By CLATs
Footnote ID:  F4
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  394,478
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By LLCs
Footnote ID:  F5
Non-Derivative Holding:
Security Title:
Value:  Registered Shares
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  1,700
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By trust
Footnote ID:  F6
Non-Derivative Transaction:
Security Title:
Value:  Registered Shares
Transaction Date:
Value:  3/18/24
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  G
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  15,200
Transaction Price Per Share:
Value:  0
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  639,034
Ownership Nature:
Direct or Indirect Ownership:
Value:  I
Nature of Ownership:
Value:  By trust
Footnote ID:  F7
Footnotes:
Footnote - F1:  Consists of (a) 6,551 Registered Shares, and (b) unvested restricted stock units (RSUs) awarded to the reporting person under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan that can be settled only in Registered Shares, which RSUs vest as to 1,501 shares on June 9, 2024.
Footnote - F2:  The reporting person is a co-trustee of multiple grantor retained annuity trusts (GRATs) established by him, and his children hold the remainder interests therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Footnote - F3:  The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Footnote - F4:  The reporting person is a co-trustee of several charitable lead annuity trusts (CLATs) and holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Footnote - F5:  The reporting person is the manager of several limited liability companies that are wholly-owned by a GRAT remainder trust established for the reporting person's benefit.
Footnote - F6:  The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Footnote - F7:  The reporting person is a co-trustee of a GRAT remainder trust established for his benefit.
Owner Signature:
Signature Name:  /s/Jonathan Burrell
Signature Date:  3/18/24


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