UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________

 

FORM 8-K

 

Current Report Pursuant to Section 13 or 15(d) of

the Securities Act of 1934

_______________________________

 

Date of Report (Date of earliest event reported): February 19, 2014

 

GARMIN LTD.

(Exact name of registrant as specified in its charter)

 

Switzerland 0-31983 98-0229227
(State or other  (Commission  (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)    

Mühlentalstrasse 2

8200 Schaffhausen

Switzerland

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: +41 52 630 1600

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 
 

 

 

 

Item 2.02. Results of Operations and Financial Condition

 

On February 19, 2014 Garmin Ltd. (“the Company”) issued a press release announcing its financial results for the fiscal fourth quarter ended December 28, 2013. A copy of the press release is attached as Exhibit 99.1.

 

The information in Item 2.02 and Exhibit 99.1 to this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of or otherwise subject to the liabilities under Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Unless expressly incorporated into a filing of Garmin Ltd. under the Securities Act of 1933, as amended, or the Exchange Act made after the date hereof, the information contained in Item 2.02 and Exhibit 99.1 hereto shall not be incorporated by reference into any filing of the registrant, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(b) In the February 19, 2014 press release the Company also announced that Kevin Rauckman, chief financial officer (CFO) and treasurer, has made a personal decision to change the cadence of his professional career and will leave the Company within the next year.  Mr. Rauckman informed the Company’s Board of Directors of his decision on February 14, 2014. The Company will initiate a search for a new CFO; however, the exact date of Mr. Rauckman’s departure will depend on the timing of finding a successor. A copy of the press release is attached as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits

 

(d)Exhibits. The following exhibits are furnished herewith.

 

 Exhibit No.Description
   
99.1Press Release dated February 19, 2014

 

 

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SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
  GARMIN LTD.
   
   
Date:  February 19, 2014 /s/ Andrew R. Etkind
  Andrew R. Etkind
    Vice President, General Counsel and Corporate Secretary
   

 

 

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EXHIBIT INDEX

 

 Exhibit No.Description
   
99.1Press Release dated February 19, 2014

 

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