BETTS GENE M 4
4 · GARMIN LTD · Filed Dec 19, 2011
Insider Transaction Report
Form 4
GARMIN LTDGRMN
BETTS GENE M
Director
Transactions
- Sale
Common Shares
2011-12-15$37.17/sh−1,000$37,166→ 2,999 total - Sale
Common Shares
2011-12-15$37.09/sh−5,775$214,195→ 3,999 total - Exercise/Conversion
Common Shares
2011-12-15$23.09/sh+5,775$133,345→ 9,774 total - Exercise/Conversion
Stock Option (right to buy)
2011-12-15−5,775→ 2,887 totalExercise: $23.09Exp: 2019-06-05→ Common Shares (5,775 underlying)
Holdings
- 2,000(indirect: By Trust)
Common Shares
Footnotes (2)
- [F1]The stock option vests in three equal annual installments beginning on June 5, 2010.
- [F2]The number of shares reported in Column 5 includes 2,999 unvested shares that were acquired pursuant to the grant of restricted stock units in June 2011, which award vests in three equal annual installments beginning in June 2012.