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GARMIN LTD Director's Dealing 2024

Dec 17, 2024

30027_dirs_2024-12-17_3decaa9f-5f10-49fc-a2d7-0b0f5275b697.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: 2024-12-15

Reporting Person: LYMAN SUSAN (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-15 Registered Shares F 604 $215.4 Disposed 6671 Direct
2024-12-15 Registered Shares A 1548 Acquired 8219 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 52.14 Indirect

Footnotes

F1: On December 15, 2024, 2,050 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,050 shares, 604 shares were withheld to pay the resulting tax liability.

F2: Includes 4,755 unvested shares acquired pursuant to previously granted restricted stock unit awards and 101 shares acquired by the reporting person in June 2024 under the Garmin Ltd. Employee Stock Purchase Plan.

F3: Includes approximately 0.7 fractional shares acquired by the reporting person pursuant to a dividend reinvestment plan.

F4: On December 15, 2024 the reporting person received a grant of 1,548 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.

F5: Includes 6,303 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.