GARMIN LTD — Director's Dealing 2023

Feb 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2023-02-25

Reporting Person: ETKIND ANDREW R (VP, General Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-25	Registered Shares	F	1274	$98.30	Disposed	69568	Direct
2023-02-28	Registered Shares	G	340	—	Disposed	69228	Direct

Footnotes

F1: 3,508 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, 1,274 shares were withheld to pay a resulting tax liability.

F2: Includes (i) 7,921 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 47 shares acquired in December 2022 under the Garmin Ltd. Employee Stock Purchase Plan.

F3: Shares were gifted to members of the reporting person's family.