gl-sc13gagburrell_nov302015.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 14)*

     
 
Garmin Ltd.
  
 
(Name of Issuer)
  
     
 
Registered Shares
  
 
(Title of Class of Securities)
  
     
 
H2906T 109
  
 
(CUSIP Number)
  
     
 
November 30, 2015
  
 
(Date of Event which Requires Filing of this Statement)
  
     

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[  ]           Rule 13d-1(b)
 
[  ]           Rule 13d-1(c)
 
[X]           Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



 
 
 


CUSIP No. H2906T 109
Page 2 of 5 pages


1
Names of Reporting Persons
Gary L. Burrell
   
2
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
(b) [X]
     
3
SEC Use Only
  
     
4
Citizenship or Place of Organization                                                                                                            
USA
     
Number of
Shared
Beneficially
Owned by
Each
Reporting
Person
With
5
Sole Voting Power
-0-
     
6
Shared Voting Power
9,302,000
     
7
Sole Dispositive Power
-0-
     
8
Shared Dispositive Power
 
9,302,000
       
9
Aggregate Amount Beneficially Owned by Each Reporting Person                                                                                                            
9,302,000
     
10
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[X]
     
11
Percent of Class Represented by Amount in Row (9)                                                                                                            
4.90%
     
12
Type of Reporting Person                                                                                                            
IN

 
 
 

CUIP No. H2906T 109
Page 3 of 5 pages


Item 1(a)                      Name of Issuer:  Garmin Ltd.

 
Item 1(b)                      Address of Issuer's Principal Executive Offices: Mühlentalstrasse 2, 8200 Schaffhausen, Switzerland
 
Item 2(a)                      Name of Person Filing:  Gary L. Burrell


Item 2(b)                      Address of Principal Business Office or, if none, Residence:  1200 East 151st Street, Olathe, Kansas  66062


Item 2(c)                      Citizenship:  USA


Item 2(d)                      Title of Class of Securities:  Registered Shares
 

 
Item 2(e)                      CUSIP Number:  H2906T 109
 

 
Item 3.
If this statement is filed pursuant to § § 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
(a) [  ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
(b) [  ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
(c) [  ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
(d) [  ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
(e) [  ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
 
(f) [  ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
 
(g) [  ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
 
(h) [  ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
(i) [  ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 

 
 
 


 
CUSIP No. H2906T 109
Page 4 of 5 pages


 
(j) [  ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);
 
(k) [  ] Group, in accordance with § 240.13d-1(b)(1)(ii)(K).
 
If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ____
 
Item 4.
Ownership
 
(a)           Amount beneficially owned:
 
The 9,302,000 Registered Shares reported are held by the Gary L. Burrell Revocable Trust, over which Registered Shares the reporting person shares voting and dispositive power with his son, Jonathan Burrell, who is the reporting person’s attorney-in fact.
 
In addition to the 9,302,000 Registered Shares reported, 4,063,570 Registered Shares are held by the Judith M. Burrell Revocable Trust, over which Registered Shares the reporting person's spouse and son share voting and dispositive power.  The reporting person does not have any voting or dispositive power with respect to the 4,063,570 Registered Shares held by the Judith M. Burrell Revocable Trust, and disclaims beneficial ownership of these 4,063,570 Registered Shares.
 
9,302,000
  
(b)           Percent of class:
4.90%
  
     
(c)           Number of shares as to which the person has:
    
     
 
(i)
sole power to vote or to direct the vote:
-0-
  
 
(ii)
shared power to vote or to direct the vote:
9,302,000
  
 
(iii)
sole power to dispose or to direct the disposition of:
-0-
  
 
(iv)
shared power to dispose or to direct the disposition of:
9,302,000
  
         
Item 5.
Ownership of 5 Percent or Less of a Class
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following.   [  X  ]
 
Item 6.
Ownership of More than 5 Percent on Behalf of Another Person
 
Not Applicable
 

 

 
 
 


 
CUSIP No. H2906T 109
Page 5 of 5 pages


Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company
 
Not Applicable
 
Item 8.
Identification and Classification of Members of the Group
 
Not Applicable
 
Item 9.
Notice of Dissolution of Group
 
Not Applicable
 
Item 10.
Certification
 
Not Applicable
 
SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 

 
     
Dated:  December 7, 2015
    
     
     
/s/ Gary L. Burrell
    
Name:
Gary L. Burrell