GARMIN LTD — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2021-02-17

Reporting Person: Desbois Patrick (EVP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Registered Shares	A	8136	—	Acquired	46348	Direct

Footnotes

F1: Shares acquired pursuant to a restricted stock units award granted in February 2020 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2021.

F2: Includes the 8,136 unvested shares acquired pursuant to the restricted stock units award described in Footnote and 13,850 unvested shares acquired pursuant to other previously granted restricted stock units awards.