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GARMIN LTD Director's Dealing 2022

Mar 2, 2022

30027_dirs_2022-03-01_2fb9af2b-3d3b-4361-862b-f735b9f66b32.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: 2022-02-25

Reporting Person: Straub Philip (EVP, Man. Director - Aviation)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-25 Registered Shares F 3180 $111.83 Disposed 78086.5 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 198.65 Indirect

Footnotes

F1: 8,660 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 3,180 shares were withheld to pay a resulting tax liability.

F2: Includes 17,734 unvested shares acquired pursuant to previously granted restricted stock unit awards.

F3: The reporting person's spouse is a co-trustee of the trust. The reporting person's spouse and children are also beneficiaries of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.