Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Straub Philip
2. Date of Event Requiring Statement (Month/Day/Year)
10/26/2011
3. Issuer Name and Ticker or Trading Symbol
GARMIN LTD [GRMN]
(Last)
(First)
(Middle)
1200 EAST 151ST STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Man. Director - Aviation
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

OLATHE, KS 66062
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 24,576 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy)   (2) 12/21/2011 Common Shares 2,500 $ 10.38 D  
Employee stock option (right to buy)   (3) 12/26/2012 Common Shares 15,000 $ 14.9 D  
Employee stock option (right to buy)   (4) 12/23/2013 Common Shares 10,000 $ 27.27 D  
Employee stock option (right to buy)   (5) 09/23/2014 Common Shares 12,000 $ 19.94 D  
Stock appreciation right   (6) 06/23/2015 Common Shares 8,000 $ 21.59 D  
Stock appreciation right   (7) 12/16/2015 Common Shares 10,000 $ 30.66 D  
Stock appreciation right   (8) 06/09/2016 Common Shares 12,000 $ 46.15 D  
Stock appreciation right   (9) 12/05/2016 Common Shares 11,200 $ 51.07 D  
Stock appreciation right   (10) 06/08/2017 Common Shares 11,200 $ 63.31 D  
Stock appreciation right   (11) 12/04/2017 Common Shares 8,400 $ 105.33 D  
Stock appreciation right   (12) 06/06/2018 Common Shares 8,400 $ 50.97 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Straub Philip
1200 EAST 151ST STREET
OLATHE, KS 66062
      VP, Man. Director - Aviation  

Signatures

By Joshua Maxfield, Attorney -in - Fact 10/27/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The number of shares reported in Column 2 of Table I includes: (1) 6,000 unvested shares acquired pursuant to an award of restricted stock units in December 2008 (the award vests in five equal annual installments beginning in December 2009); (2) 3,200 unvested shares acquired pursuant to an award of restricted stock units in December 2009 (the award vests in five equal annual installments beginning in December 2010); and (3) 4,000 unvested shares acquired pursuant to an award of restricted stock units in December 2010 (the award vests in five equal annual installments beginning in December 2011).
(2) The stock option vested in five equal annual installments beginning on December 21, 2002.
(3) The stock option vested in five equal annual installments beginning on December 26, 2003.
(4) The stock option vested in five equal annual installments beginning on December 23, 2004.
(5) The stock option vested in five equal annual installments beginning on September 23, 2005.
(6) The stock appreciation right vested in five equal annual installments beginning on June 23, 2006.
(7) The stock appreciation right vested in five equal annual installments beginning on December 16, 2006.
(8) The stock appreciation right vested in five equal annual installments beginning on June 9, 2007.
(9) The stock appreciation right vests in five equal annual installments beginning on December 5, 2007.
(10) The stock appreciation right vests in five equal annual installments beginning on June 8, 2008.
(11) The stock appreciation right vests in five equal annual installments beginning on December 4, 2008.
(12) The stock appreciation right vests in five equal annual installments beginning on June 6, 2009.

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