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GARMIN LTD Director's Dealing 2016

Dec 13, 2016

30027_dirs_2016-12-13_001fad60-9c26-4d21-8c9a-f989ed1074aa.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: Bartel Danny J (VP, Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-12-10 Registered Shares F 455 $50.50 Disposed 159867 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 1400 Indirect

Footnotes

F1: On December 10, 2016, 1,430 shares that were acquired by the reporting person pursuant to a previously granted restricted stock units award vested and were released to the reporting person. Of these 1,430 shares, 455 shares were withheld to pay the resulting tax liability.

F2: Includes 9,628 unvested shares acquired pursuant to previously awarded restricted stock units, and 211 shares acquired in the reporting person's account in the Garmin International, Inc. Retirement Plan since the reporting person's last Form 4.