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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1121788	Garmin Ltd	GRMN	Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)	980229227

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1483374	Sean Biddlecombe	Liberty House Hounsdown Business Park Southampton X0 SO409LR	Managing Director Emea	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Shares	Acquisiton	2012-03-16	4,700	$21.59	13,925	No	4	M	Direct
Common Shares	Disposition	2012-03-16	2,165	$46.88	11,760	No	4	D	Direct
Common Shares	Disposition	2012-03-16	1,318	$46.88	10,442	No	4	F	Direct
Common Shares	Acquisiton	2012-03-16	1,200	$14.90	11,642	No	4	M	Direct
Common Shares	Disposition	2012-03-16	1,200	$46.73	10,442	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	D	Direct
No	4	F	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Stock Appreciation Right	Disposition	2012-03-16	4,700	$0.00	4,700	$21.59
Common Shares	Stock Option (right to buy)	Disposition	2012-03-16	1,200	$0.00	1,200	$14.90

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2015-06-23	No	4	M	Direct
0		2012-12-26	No	4	M	Direct

Footnotes

The number of shares reported in Column 5 includes (a) 1,500 unvested shares acquired pursuant to a grant of 3,750 restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009), (b) 948 unvested shares acquired pursuant to a grant of 1,580 restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010), (c) 1,332 unvested shares that were acquired pursuant to a grant of 1,665 restricted stock units in December 2010 (the award vests in five equal annual installments beginning in December 2011), (d) 1,340 unvested shares that were acquired pursuant to a grant of 1,340 restricted stock units in December 2011 (the award vests in five equal annual installments beginning in December 2012), and (3) 422 shares that were acquired for the reporting person's account under the employee stock purchase plan.
The stock appreciation right vested in five equal annual installments beginning on June 23, 2006.
The stock option vested in five equal annual installments beginning on December 26, 2003.