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GARMIN LTD Director's Dealing 2016

Dec 13, 2016

30027_dirs_2016-12-13_e35385f9-ccde-4d04-9a1c-ba037277f619.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: 2016-12-10

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-12-10 Registered Shares F 1030 $50.50 Disposed 98266 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 505 Indirect

Footnotes

F1: On December 10, 2016 3,235 shares that were acquired by the reporting person pursuant to a previously granted restricted stock units award vested and were paid to the reporting person. Of those 3,235 shares, 1030 shares were withheld to pay the resulting tax liability.

F2: Includes 29,078 unvested shares acquired pursuant to previously granted restricted stock unit awards.