GARMIN LTD — Director's Dealing 2011

Nov 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2011-11-04

Reporting Person: ELLER DONALD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-04	Common Stock	S	1000	$35.26	Disposed	63714	Direct
2011-11-04	Common Stock	S	1200	$35.27	Disposed	62514	Direct
2011-11-04	Common Stock	S	900	$35.28	Disposed	61614	Direct
2011-11-04	Common Stock	S	1299	$35.29	Disposed	60315	Direct
2011-11-04	Common Stock	S	1500	$35.3	Disposed	58815	Direct
2011-11-04	Common Stock	S	1795	$35.31	Disposed	57020	Direct
2011-11-04	Common Stock	S	3300	$35.32	Disposed	53720	Direct
2011-11-04	Common Stock	S	3247	$35.33	Disposed	50473	Direct
2011-11-04	Common Stock	S	2801	$35.34	Disposed	47672	Direct
2011-11-04	Common Stock	S	4755	$35.35	Disposed	42917	Direct
2011-11-04	Common Stock	S	3631	$35.36	Disposed	39286	Direct
2011-11-04	Common Stock	S	6500	$35.37	Disposed	32786	Direct
2011-11-04	Common Stock	S	400	$35.37	Disposed	32386	Direct
2011-11-04	Common Stock	S	4900	$35.38	Disposed	27486	Direct
2011-11-04	Common Stock	S	5900	$35.39	Disposed	21586	Direct
2011-11-04	Common Stock	S	7719	$35.4	Disposed	13867	Direct
2011-11-04	Common Stock	S	5719	$35.41	Disposed	8148	Direct
2011-11-04	Common Stock	S	3128	$35.42	Disposed	5020	Direct
2011-11-04	Common Stock	S	2021	$35.43	Disposed	2999	Direct
2011-11-04	Common Stock	S	1979	$35.43	Disposed	824304	Indirect
2011-11-04	Common Stock	S	2568	$35.44	Disposed	821736	Indirect
2011-11-04	Common Stock	S	3503	$35.45	Disposed	818233	Indirect
2011-11-04	Common Stock	S	2047	$35.46	Disposed	816186	Indirect
2011-11-04	Common Stock	S	2900	$35.47	Disposed	813286	Indirect
2011-11-04	Common Stock	S	2109	$35.48	Disposed	811177	Indirect

Footnotes

F1: This is the first of two Forms 4 filed by the Reporting Person on the same date.

F2: The unvested shares are owned pursuant to a grant of restricted stock units under the Garmin Ltd. 2011 Non-Employee Directors Equity Incentive Plan. The restricted stock units vest in three equal annual installments beginning on June 3, 2012.

F3: Shares owned by the Donald H. Eller Living Trust, dated June 10, 1999.