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GARMIN LTD Director's Dealing 2022

Feb 19, 2022

30027_dirs_2022-02-18_44db4468-e36a-4117-82ed-82efbe41b34f.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: 2022-02-16

Reporting Person: Desbois Patrick (EVP, Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-16 Registered Shares A 6453 Acquired 49503 Direct

Footnotes

F1: Shares acquired pursuant to a restricted stock units award granted in February 2021 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, 2022.

F2: Includes the 6,453 unvested shares acquired pursuant to the restricted stock units award described in Footnote and 15,043 unvested shares acquired pursuant to other previously granted restricted stock units awards.