Danny J. Bartel - Dec 15, 2021 Form 4/A - Amendment Insider Report for GARMIN LTD (GRMN)

Role: VP, Worldwide Sales
Signature: /s/ Joshua H. Maxfield, Attorney-in-Fact
Stock symbol: GRMN
Transactions as of: Dec 15, 2021
Transactions value $: -$118,366
Form type: 4/A - Amendment
Date filed: 2/22/2022, 05:45 PM
Date Of Original Report: Dec 17, 2021
Next filing: Feb 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRMN	Registered Shares	Tax liability	-$118K	-874	-0.44%	$135.43	199K	Dec 15, 2021	Direct	F1, F2, F3, F4
transaction	GRMN	Registered Shares	Award	$0	+2.03K	+1.02%	$0.00	201K	Dec 15, 2021	Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 15, 2021, 2,391 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,391 shares, 874 shares were withheld to pay the resulting tax liability.
F2	Includes 7,800 unvested shares acquired pursuant to previously granted restricted stock unit awards and 208 shares acquired by the reporting person in June 2021 under the Garmin Ltd. Employee Stock Purchase Plan.
F3	Footnote 3 to the original Form 4 filed on December 17, 2021 incorrectly stated that Form 4 filings preceding the original Form 4 overreported the number of shares directly owned by the reporting person. In fact, Form 4 filings preceding the original Form 4 had underreported the number of shares directly owned by the reporting person. Additionally, this amendment corrects the number of shares directly owned by the reporting person as of the date of the original Form 4.
F4	As noted in the original Form 4 filed on December 17, 2021, Form 4 filings preceding the original Form 4 erroneously reported that the reporting person indirectly owned 1,400 shares held in an account over which the reporting person's spouse had signing authority.
F5	On December 15, 2021 the reporting person received a grant of 2,031 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2022.
F6	Includes 9,831 unvested shares acquired pursuant to the December 15, 2021 restricted stock unit award and previously granted restricted stock unit awards.