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GARMIN LTD Director's Dealing 2014

Jun 11, 2014

30027_dirs_2014-06-11_8a6c2aa3-d4ee-4bb5-a795-5d1d5cb50c63.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2014-06-10

Reporting Person: PEMBLE CLIFTON A (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-06-10 Registered Shares S 250 $60.48 Disposed 500 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 250 Indirect
Registered Shares 71572 Direct

Footnotes

F1: Includes (a) 4,000 unvested shares acquired pursuant to an award of 10,000 restricted stock units on December 10, 2010 (the award vests in five annual installments); (b) 2,000 unvested shares acquired pursuant to an award of 10,000 restricted stock units on December 11, 2009 (the award vests in five annual installments); (c) 4,833 unvested shares acquired pursuant to a grant of 8,055 restricted stock units on December 14, 2011 (the award vests in five annual installments); (d) 7,264 unvested shares acquired pursuant to an award of 10,896 restricted stock units on December 10, 2012 (the award vests in three annual installments); (e) 9,705 unvested shares acquired pursuant to the grant of restricted stock units on December 10, 2013 (the award vests in three equal annual installments); (f) 198 shares acquired under the Employee Stock Purchase Plan in December 2013; and (g) 773 shares acquired under dividend reinvestment programs since the reporting person's last Form 4.