X0203 3 2010-02-12 0 0001121788 GARMIN LTD GRMN 0001483374 Biddlecombe Sean LIBERTY HOUSE HOUNSDOWN BUSINESS PARK SOUTHAMPTON X0 SO409LR UNITED KINGDOM 0 1 0 0 General Manager, Garmin Europe Common Shares 6630 D Employee stock option (right to buy) 10.38 2002-12-21 2011-12-21 Common Shares 1600 D Employee stock option (right to buy) 14.90 2003-12-26 2012-12-26 Common Shares 1200 D Employee stock option (right to buy) 27.27 2006-12-23 2013-12-23 Common Shares 388 D Employee stock option (right to buy) 27.27 2004-12-23 2013-12-23 Common Shares 3618 D Employee stock option (right to buy) 19.94 2005-09-23 2014-09-23 Common Shares 5400 D Stock appreciation right 21.59 2006-06-23 2015-06-23 Common Shares 4700 D Stock appreciation right 30.66 2006-12-16 2015-12-16 Common Shares 4300 D Stock appreciation right 46.15 2007-06-09 2016-06-09 Common Shares 6000 D Stock appreciation right 51.07 2007-12-05 2016-12-05 Common Shares 5000 D Stock appreciation right 63.31 2008-06-08 2017-06-08 Common Shares 5000 D Stock appreciation right 105.33 2008-12-04 2017-12-04 Common Shares 5000 D Stock appreciation right 50.97 2009-06-06 2018-06-06 Common Shares 5000 D The number of shares reported includes: (1) 3,000 Common Shares that were acquired on December 12, 2008 pursuant to a grant of restricted stock units under the Garmin Ltd. 2005 Equity Incentive Plan, which award vests in five equal annual installments beginning on December 12, 2009 (750 of the 3,750 Common Shares granted under the award vested on December 12, 2009, leaving 3,000 unvested Common Shares as of the date of this report); (2) 1,580 Common Shares that were acquired on December 11, 2009 pursuant to a grant of restricted stock units under the Garmin Ltd. 2005 Equity Incentive Plan, which award vests in five equal annual installments beginning on December 11, 2010. The option vested in five equal annual installments beginning on December 21, 2002. The option vested in five equal annual installments beginning on December 26, 2003. Sixty percent of the options vested on December 23, 2006, and twenty percent of the options vested on each of December 23, 2007 and December 23, 2008. The option vested in five equal annual installments beginning on December 23, 2004. The option vested in five equal annual installments beginning on September 23, 2005. The right vests in five equal annual installments beginning on June 23, 2006. The right vests in five equal annual installments beginning on December 16, 2006. The right vests in five equal annual installments beginning on June 9, 2007. The right vests in five equal annual installments beginning on December 5, 2007. The right vests in five equal annual installments beginning on June 8, 2008. The right vests in five equal annual installments beginning on December 4, 2008. The right vests in five equal annual installments beginning on June 6, 2009. Joshua H. Maxfield, Attorney-in-Fact 2010-02-12