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GARMIN LTD Director's Dealing 2015

Dec 14, 2015

30027_dirs_2015-12-14_d303004e-cd7b-4474-8e5c-0a15780a4323.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: 2015-12-10

Reporting Person: ETKIND ANDREW R (VP, General Counsel, Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-12-10 Registered Shares F 1611 $37.31 Disposed 44105 Direct

Footnotes

F1: On December 10, 2015, 4,472 shares that were acquired by the reporting person pursuant to previously granted restricted stock units awards vested and were paid to the reporting person. Of those 4,472 shares, 1,611 shares were withheld to pay the resulting tax liability.

F2: Includes 7,532 unvested shares acquired pursuant to the award of restricted stock units awards granted in previous years, and 63 shares acquired in December 2014 and 77 shares acquired in June 2015 under the Garmin Ltd. employee stock purchase plan.