Boessen Douglas G.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 6

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,749

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F7 · price: This transaction was executed in multiple trades at prices ranging from $127.760 to $128.725. 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.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 5

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,821

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F6 · price: This transaction was executed in multiple trades at prices ranging from $126.710 to $127.575. 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.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-010900 · form4.xml · derivative · entry 8

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Registered Shares · 12,680 shares

Expires 2025-12-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F9 · derivative.exercise_date: The award vested in five equal annual installments, beginning on December 15, 2015.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 4

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 38,053

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F5 · price: This transaction was executed in multiple trades at prices ranging from $127.905 to $128.055. 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.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 3

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,332

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F4 · price: This transaction was executed in multiple trades at prices ranging from $126.905 to $127.900. 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.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,307

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F3 · shares: Consists of (i) 5,190 shares withheld to cover the exercise price of the stock appreciation rights and (ii) 2,905 shares withheld to pay the resulting tax liability.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-010900 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,402

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-008203 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,722

F1 · shares: 5,281 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, 2,015 shares were withheld to pay a resulting tax liability.

F2 · balance_after: Includes 11,469 unvested shares acquired pursuant to previously granted restricted stock unit awards.

SEC source: 0001127602-21-006611 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,737

F1 · shares: Shares acquired pursuant to a restricted stock units award granted in February 2020 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, 2021.

F2 · balance_after: Includes (i) the 6,426 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1, (ii) 10,324 unvested shares acquired pursuant to other previously granted restricted stock units awards, and (iii) 101 shares acquired in December 2020 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-20-031822 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,210

F3 · shares: On December 15, 2020 the reporting person received a grant of 2,625 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2021.

F4 · balance_after: Includes 10,324 unvested shares acquired pursuant to the December 15, 2020 restricted stock unit award and previously granted restricted stock unit awards.

SEC source: 0001127602-20-031822 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,585

F1 · shares: On December 15, 2020, 3,437 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 3,437 shares, 1,302 shares were withheld to pay the resulting tax liability.

F2 · balance_after: Includes 7,699 unvested shares acquired pursuant to previously granted restricted stock unit awards and 154 shares acquired by the reporting person in June 2020 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-20-008065 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,733

F3 · shares: 1,363 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 1 and 3,135 shares that were acquired by the reporting person pursuant to other previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 1,708 shares were withheld to pay a resulting tax liability.

F4 · balance_after: Includes 8,410 unvested shares acquired pursuant to previously granted restricted stock unit awards and 2,726 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1.

SEC source: 0001127602-20-008065 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,441

F1 · shares: Shares acquired pursuant to a restricted stock units award granted in February 2019 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, 2020.

F2 · balance_after: Includes (i) 11,545 unvested shares acquired pursuant to previously granted restricted stock units awards, (ii) the 4,089 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and (iii) 87 shares acquired in December 2019 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-19-035171 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,265

F3 · shares: On December 15, 2019 the reporting person received a grant of 2,955 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2020.

F4 · balance_after: Includes 11,545 unvested shares acquired pursuant to the December 15, 2019 restricted stock units award and previously granted restricted stock unit awards.

SEC source: 0001127602-19-035171 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,310

F1 · shares: On December 15, 2019, 3,916 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 3,916 shares, 1,484 shares were withheld to pay the resulting tax liability.

F2 · balance_after: Includes 8,590 unvested shares acquired pursuant to restricted stock units awards previously granted and 288 shares acquired by the reporting person in June 2019 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-19-008608 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,506

F3 · shares: 1,776 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 1 and 3,286 shares that were acquired by the reporting person pursuant to other previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 1,936 shares were withheld to pay a resulting tax liability.

F4 · balance_after: Includes 8,954 unvested shares acquired pursuant to previously granted restricted stock unit awards and 3,552 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1.

SEC source: 0001127602-19-008608 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,442

F1 · shares: Shares acquired pursuant to a restricted stock units award granted in February 2018 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, 2019.

F2 · balance_after: Includes (i) 12,240 unvested shares acquired pursuant to previously granted restricted stock unit awards, (ii) the 5,328 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and (iii) 124 shares acquired in December 2018 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-18-036659 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,990

F3 · shares: On December 15, 2018, the reporting person received a grant of 3,681 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2019.

F4 · balance_after: Includes 12,240 unvested shares acquired pursuant to the December 15, 2018 restricted stock units award and previously granted restricted stock units awards.

SEC source: 0001127602-18-036659 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,309

F1 · shares: On December 15, 2018, 4,769 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of these 4,769 shares, 1,807 were withheld to pay a resulting tax liability.

F2 · balance_after: Includes 8,559 unvested shares acquired pursuant to previously granted restricted stock unit awards and 292 shares acquired by the reporting person in June 2018 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-18-008757 · form4.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,125

F3 · shares: 1,359 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 1 and 1,927 shares that were acquired by the reporting person pursuant to another previously granted restricted stock units award vested and were paid to the reporting person. Of these shares, 1,360 shares were withheld to pay a resulting tax liability.

F4 · balance_after: Includes 10,610 unvested shares acquired pursuant to previously granted restricted stock units awards and 2718 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1.

SEC source: 0001127602-18-008757 · form4.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,485

F1 · shares: Shares acquired pursuant to a restricted stock units award granted in February 2017 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, 2018.

F2 · balance_after: Includes (i) 12,537 unvested shares acquired pursuant to previously granted restricted stock unit awards, (ii) the 4,077 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and (iii) 153 shares acquired in December 2017 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001127602-18-009326 · form4a.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,824

F1 · shares: On February 25, 2018, (i) 1,359 shares that were acquired by the reporting person pursuant to the restricted stock units award described in Footnote 1 of the Form 4 filed by the reporting person on February 27, 2018 and (ii) 1,927 shares that were acquired by the reporting person pursuant to another previously granted restricted stock units award vested and were paid to the reporting person. Of these shares, 1,248 shares were withheld to pay the resulting tax liability. Due to an administrative error, the Form 4 filed by the reporting person on February 27, 2018 incorrectly reported that 1,360 shares, rather than 1,248 shares, were withheld to pay the resulting tax liability.

F2 · balance_after: Includes (i) 10,610 unvested shares acquired pursuant to previously granted restricted stock units awards, (ii) 2,718 remaining unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 of the Form 4 filed by the reporting person on February 27, 2018 and (iii) 587 shares acquired by the reporting person in December 2014 and June 2015 under the Garmin Ltd. Employee Stock Purchase Plan. Due to the administrative error identified in Footnote 1 above, the Form 4 filed by the reporting person on February 27, 2018 incorrectly omitted 112 shares from this column in line 2 of Table I. The 587 ESPP shares referenced in item (iii) of this Footnote 2 were mistakenly omitted from this column in previous Form 4s filed by the reporting person. This amendment corrects those errors.

SEC source: 0001121788-17-000040 · edgar.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,255

F3 · shares: On December 15, 2017, the reporting person received a grant of 3,675 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2018.

F4 · balance_after: Includes 12,537 unvested shares acquired pursuant to the December 15, 2017 restricted stock units award and previously granted restricted stock units awards.

SEC source: 0001121788-17-000040 · edgar.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,580

F1 · shares: On December 15, 2017, 4,862 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of these 4,862 shares, 1,842 were withheld to pay a resulting tax liability.

F2 · balance_after: Includes 8,862 unvested shares acquired pursuant to previously granted restricted stock unit awards and 346 shares acquired by the reporting person in June 2017 under the Garmin Ltd. Employee Stock Purchase Plan.

SEC source: 0001121788-17-000010 · edgar.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,076

F3 · shares: 1,930 shares that were aquired by the reporting person pursuant to the restricted stock units award described in Footnote (1) vested and were paid to the reporting person. Of those shares, 643 shares were withheld to pay a resulting tax liability.

F4 · balance_after: Includes 9,870 unvested shares acquired pursuant to previously granted restricted stock units awards and 3,854 remaining unvested shares acquired pursuant to the resticted stock units award described in Footnote 1.

SEC source: 0001121788-17-000010 · edgar.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,719

F1 · shares: Shares aquired pursuant to a restricted stock units award granted in February 2016 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, 2017.

F2 · balance_after: Includes 9,870 unvested shares acquired pursuant to previously granted restricted stock units awards, the 5,784 unvested shares acquired pursuant to the resticted stock units award described in Footnote 1, and 353 shares acquired in December 2016 under the Employee Stock Purchase Plan.

SEC source: 0001121788-16-000064 · edgar.xml · nonDerivative · entry 2

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,582

F3 · shares: On December 15, 2016, the reporting person received a grant of 4,392 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2017.

F4 · balance_after: Includes 9,870 unvested shares acquired pursuant to the December 15, 2016 restricted stock units award and previously granted restricted stock units awards.

SEC source: 0001121788-16-000064 · edgar.xml · nonDerivative · entry 1

Boessen Douglas G. · CIK 0001450652 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,190

F1 · shares: On December 15, 2016, 3,398 shares that were required by the reporting person pursuant to previously granted restricted stock units awards vested and were paid to the reporting person. Of those 3,398 shares, 1,081 shares were withheld to pay the resulting tax liability.

F2 · balance_after: Includes 5,478 unvested shares acquired pursuant to the award of previously granted restricted stock units awards and 496 shares acquired by the reporting person in December 2015 and June 2016 under the Garmin Ltd. Employee Stock Purchase Plan.