GARMIN LTD

Ticker: GRMN CUSIP: H2906T109 Class: SHS

Empirical Finance, LLC's Holding History (CIK: 0001572838)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 20,686 Value ($000) $1,232 Avg Close $48.04 Range $43.82 - $51.64

Q3 2017

Shares 20,686 Value ($000) $1,117 Avg Close $42.01 Range $40.32 - $44.28

Q2 2017

Shares 20,686 Value ($000) $1,056 Avg Close $41.17 Range $38.88 - $43.31

Q1 2017

Shares 20,686 Value ($000) $1,057 Avg Close $40.07 Range $37.34 - $44.25

Q4 2016

Shares 857 Value ($000) $42 Avg Close $39.20 Range $36.77 - $42.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	20,686	$1,232	$48.04	$43.82 - $51.64
Q3 2017	20,686	$1,117	$42.01	$40.32 - $44.28
Q2 2017	20,686	$1,056	$41.17	$38.88 - $43.31
Q1 2017	20,686	$1,057	$40.07	$37.34 - $44.25
Q4 2016	857	$42	$39.20	$36.77 - $42.09