GARMIN LTD — Director's Dealing 2015

Aug 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2015-07-31

Reporting Person: BURRELL JONATHAN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-31	Registered Shares	G	3000000	—	Disposed	15702000	Indirect
2015-07-31	Registered Shares	G	3000000	—	Acquired	3863570	Indirect
2015-08-03	Registered Shares	G	3000000	—	Disposed	863570	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Registered Shares	60000	Indirect
Registered Shares	9000000	Indirect

Footnotes

F1: The reporting person is a co-trustee of his father's revocable trust and is his father's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F2: The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact, and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: These securities were donated by the revocable trust of the reporting person's mother to three charitable remainder unitrusts (CRUTs). The reporting person has no pecuniary interest or remainder interest in any of the securities held by the CRUTs.

F4: The reporting person is a co-trustee of three charitable lead annuity trusts (CLATs) and holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.