GARMIN LTD — Director's Dealing 2013

May 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2013-05-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-06	Registered Shares	S	11478	$35.043	Disposed	20144	Direct

Footnotes

F1: This is a weighted average price. The Registered Shares were sold in separate transactions on the same day at prices ranging from $35.04 to $35.07 per share. The reporting person undertakes to
provide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Registered Shares sold at each separate price within the range set forth in this Footnote.

F2: Includes (a) 2,400 unvested shares acquired pursuant to an award of 12,000 restricted stock units in December 2008 (the award vests in five equal annual installments), (b) 1,708 unvested shares acquired pursuant to an award of 4,270 restricted stock units in December 2009 (the award vests in five equal annual installments), (c) 2,640 unvested shares acquired pursuant an award of 4,400 restricted stock units in December 2010 (the award vests in five equal annual installments), (d) 3,008 unvested shares acquired pursuant to an award of 3,760 restricted stock units in December 2011 (the award vests in five equal annual installments), and (e) 3,846 unvested shares acquired pursuant to an award of 3,846 restricted stock units in December 2012 (the award vests in three equal annual installments).