GARMIN LTD — Director's Dealing 2013

Dec 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2013-12-10

Reporting Person: Huang Pao-Chang (General Manager - Garmin Corp.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-10	Registered Shares	A	3063	—	Acquired	29501	Direct

Footnotes

F1: Shares were acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Equity Incentive Plan. The award vests in three equal annual installments beginning in December 2014.

F2: Includes (a) 1,760 unvested shares acquired pursuant to an award of 4,400 restricted stock units on December 10, 2010 (the award vests in five annual installments); (b) 854 unvested shares acquired pursuant to an award of 4,270 restricted stock units on December 11, 2009 (the award vests in five annual installments); (c) 2,400 unvested shares acquired pursuant to an award of 12,000 restricted stock units on December 12, 2008 (the award vests in five annual installments); (d) 3,008 unvested shares acquired pursuant to a grant of 3,760 restricted stock units on December 14, 2011 (the award vests in five annual installments); (e) 2,564 unvested shares acquired pursuant to an award of 3,846 restricted stock units on December 10, 2012 (the award vests in five annual installments); and (f) 3,063 unvested shares acquired pursuant to the grant of restricted shares described in Footnote 1.