X0303 4 2010-03-25 0001121788 GARMIN LTD GRMN 0001239784 ETKIND ANDREW R 1200 EAST 151ST STREET OLATHE KS 66062 0 1 0 0 VP, General Counsel, Secretary Common Shares 2010-03-25 4 M 0 10000 19.94 A 48051 D Common Shares 2010-03-25 4 M 0 10000 14.90 A 58051 D Common Shares 2010-03-25 4 S 0 20000 39.828 D 38051 D Common Shares 2010-03-25 4 S 0 2960 40.161 D 35091 D Common Shares 2010-03-25 4 S 0 640 40.19 D 34451 D Employee stock option (right to buy) 19.94 2010-03-25 4 M 0 10000 0 D 2014-09-23 Common Shares 10000 10000 D Employee stock option (right to buy) 14.90 2010-03-25 4 M 0 10000 0 D 2012-12-26 Common Shares 10000 7000 D The price reported in Column 4 is a weighted average price. The Common Shares were sold in separate transactions on the same day at prices ranging from $39.820 to $39.854 per share. The reporting person undertakes to provide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this Footnote. The price reported in Column 4 is a weighted average price. The Common Shares were sold in separate transactions on the same day at prices ranging from $40.14 to $40.18 per share. The reporting person undertakes to provide to Garmin Ltd., any security holder of Garmin Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this Footnote. The number of Common Shares reported in Column 5 includes (a) 1,115 shares held in the 401(k) Plan, (b) 3,000 shares that were paid to Mr. Etkind in December 2009 upon vesting of restricted stock units that were awarded to him in December 2008, (c) 12,000 unvested shares acquired pursuant to an award of 15,000 restricted stock units in December 2008 (the award vests in five equal installments beginning in December 2009), (d) 6,670 unvested shares acquired pursuant to an award of 6,670 restricted stock units in December 2009 (the award vests in five equal installments beginning in December 2010), and (e) 328 shares that were purchased for Mr. Etkind's account in December 2009 as a participan in the Garmin Ltd. Employee Stock Purchase Plan. The stock option vested in five equal annual installments beginning on September 23, 2005. The stock option vested in five equal annual installments beginning on December 26, 2003. Andrew R. Etkind 2010-03-25