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GARMIN LTD Director's Dealing 2024

Feb 28, 2024

30027_dirs_2024-02-28_4804a827-8fdb-4204-aca7-ce08b8d8e116.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: 2024-02-27

Reporting Person: Boessen Douglas G. (CFO and Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-27 Registered Shares S 4923 $134.5224 Disposed 30704 Direct
2024-02-27 Registered Shares S 344 $135.1399 Disposed 30360 Direct

Footnotes

F1: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2023.

F2: This transaction was executed in multiple trades at prices ranging from $134.03 to $134.99. 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.

F3: Includes 15,507 unvested shares acquired pursuant to previously granted restricted stock unit awards.

F4: This transaction was executed in multiple trades at prices ranging from $135.03 to $135.23. 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.