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GARMIN LTD Director's Dealing 2017

Jun 7, 2017

30027_dirs_2017-06-07_2af0e53e-5614-45be-be91-3c33c48a81d2.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: 2017-06-05

Reporting Person: Peffer Charles (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-06-05 Registered Shares F 251 $53.58 Disposed 20239 Direct
2017-06-06 Registered Shares F 149 $52.84 Disposed 20090 Direct

Footnotes

F1: On June 5, 2017, 1,001 shares that were acquired pursuant to an award of restricted stock units on June 5, 2015 vested and were released to the reporting person. Of these 1,001 shares, 251 were withheld to pay a resulting tax liability.

F2: Includes 4,839 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.

F3: On June 6, 2017, 593 shares that were acquired pursuant to an award of restricted stock units on June 6, 2014 vested and were released to the reporting person. Of these 593 shares, 149 were withheld to pay a resulting tax liability.

F4: Includes 4,246 unvested shares as of this date that were acquired pursuant to previously granted restricted stock unit awards.