Garmin 2008 Annual Report Download - page 106

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84
Item 11. Executive Compensation
The information set forth in response to Item 402 of Regulation S-K under the headings “Executive
Compensation Matters” and “The Board of Directors – Non-Management Director Compensation” in the Proxy
Statement is hereby incorporated herein by reference in partial response to this Item 11.
The information set forth in response to Item 407(e)(4) of Regulation S-K under the heading “The Board of
Directors -- Compensation Committee Interlocks and Insider Participation; Certain Relationships” in the Proxy
Statement is hereby incorporated herein by reference in partial response to this Item 11.
The information set forth in response to Item 407(e)(5) of Regulation S-K under the heading “Executive
Compensation Matters – Report of Compensation Committee” in the Proxy Statement is hereby incorporated herein
by reference in partial response to this Item 11.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters
The information set forth in response to Item 403 of Regulation S-K under the heading “Stock Ownership
of Certain Beneficial Owners and Management” in the Proxy Statement is hereby incorporated herein by reference
in partial response to this Item 12.
Equity Compensation Plan Information
The following table gives information as of December 27, 2008 about the Garmin common shares that may
be issued under all of the Company’s existing equity compensation plans, as adjusted for stock splits.
ABC
Number of securities
remaining available for
Plan Category Number of securities to be Weighted-average future issuance under
issued upon exercise of exercise price of equity compensation
outstanding options, outstanding options, plans (excluding
warrants and rights warrants and rights securities reflected in
column A)
Equity compensation
plans approved by 10,525,858 $47.76 2,316,234
shareholders
Equity compensation
plans not approved by -- -- --
shareholders
Total 10,525,858 $47.76 2,316,234
(1) Consists of the Garmin Ltd. 2005 Equity Incentive Plan, the Garmin Ltd. 2000 Equity Incentive Plan,
the Garmin Ltd. 2000 Non-Employee Directors’ Option Plan and the Garmin Ltd. Employee Stock Purchase Plan.
The Company has no knowledge of any arrangement, the operation of which may at a subsequent date
result in a change in control of the Company.