Garmin 2010 Annual Report Download - page 126

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S-12
Grants of Plan-Based Awards
The following table provides information for each of the Named Executive Officers regarding
2010 grants of RSUs and Performance Shares:
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)
Min H. Kao
12/10/2010 10,000 297,796
12/10/2010 - - -
12/10/2010 -$ -$ -$
12/10/2010 6,665 198,481
12/10/2010 - - -
12/10/2010 -$ -$ -$
12/10/2010 6,665 198,481
12/10/2010 - - -
12/10/2010 -$ -$ -$
12/10/2010 4,665 138,922
12/10/2010 - - -
12/10/2010 -$ -$ -$
Grants of Plan-Based Aw ards
Name
Grant Date
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards 1
Estimated Future Payouts Under
Equity Incentive Plan Aw ards 2
All Other
Stock
Aw ards:
Number of
Shares of
Stock or
Units (#) 3
All Other
Option
Aw ards:
Number of
Securities
Underlying
Options (#)
Exercise or
Base Price
of Option
Aw ards
(CHF/Sh)
Grant Date
Fair Value
of Stock
and Option
Aw ards 4
Clifton A. Pemble
Kevin S. Rauckm an
Andrew R. Etkind
Danny J. Bartel
1 Represents the threshold, target, and maximum estimated potential payouts under our Garmin Ltd. 2010 Cash Incentive Bonus Plan. Each performance objective
under the plan has a threshold achievement level, below which there would be no payout, a target achievement level, at which the target opportunity would be
paid, and a maximum achievement level, at which 100% of the target would be paid.
2 Awards made in the form of Performance Share Units on December 10, 2010.
3 Awards made in the form of Restricted Stock Units on December 10, 2010.
4 This column represents the grant date fair value of RSUs and performance shares. For RSUs and performance shares, that amount is calculated by multiplying the
closing price of Garmin shares on the NASDAQ stock market on the date of grant by the number of shares awarded. For additional information on the valuation
assumptions with respect to the 2010 grants, refer to Note 9 of Garmin’s financial statements in the Form 10-K for the fiscal year ended December 10, 2010, as
filed with the SEC.