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GARMIN LTD Director's Dealing 2022

Aug 2, 2022

30027_dirs_2022-08-01_e19dd6e1-1c14-4bdb-abfb-11106896bb59.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: 2022-08-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-08-01 Registered Shares S 16089 $97.8105 Disposed 145500 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 255 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $97.50 to $98.26. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

F2: Includes 43,340 unvested shares acquired pursuant to previously granted restricted stock unit awards and 131 shares acquired in June 2022 under the Garmin Ltd. Employee Stock Purchase Plan.