-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UFBR2QHPh8sxHIpu691XyGZ/Flh8csBQ2nClOrv4Jg9fuXfxeqYsF53GHHhAyFyg UtPaTe0dkK/7MdcLGw8rTw== 0001134100-04-000002.txt : 20040210 0001134100-04-000002.hdr.sgml : 20040210 20040210105726 ACCESSION NUMBER: 0001134100-04-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KAO MIN H CENTRAL INDEX KEY: 0001134100 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O GARMIN INTERNATIONAL INC STREET 2: 1200 EAST 151ST STREET CITY: OLATHE STATE: KS ZIP: 66062 BUSINESS PHONE: 9133978448 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GARMIN LTD CENTRAL INDEX KEY: 0001121788 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 980229227 FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60391 FILM NUMBER: 04580205 BUSINESS ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE STREET 2: SOUTH CHURCH ST GEORGETOWN CITY: GRAND CAYMAN BUSINESS PHONE: 9133978200 MAIL ADDRESS: STREET 1: C/O GARMIN INTERNATIONAL INC STREET 2: 1200 E 151ST STREET CITY: OLATHE STATE: KS ZIP: 66062 SC 13G/A 1 form13g_mkao.htm 13G/A-Min Kao

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 3)*

 

 

 

 

 

Garmin Ltd.

(Name of Issuer)

 

 

Common Shares

(Title of Class of Securities)

 

 

 

 

 

G37260 10 9

(CUSIP Number)

 

 

December 31, 2003

(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. G37260 10 9

Page 2 of 10 pages




Page 1 of 4 Pages

  1.  

Name of Reporting Persons

I.R.S. Identification Nos. of Above Person (entities only)

 

Min H. Kao

    
  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨

(b)  ¨

    
  3.  

SEC Use Only

 

    
  4.  

Citizenship or Place of Organization

 

USA

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

       6,546,630

  6.    Shared Voting Power

 

       15,228,184

  7.    Sole Dispositive Power

 

       6,546,630

  8.    Shared Dispositive Power

 

       15,228,184

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

24,379,426

    
10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

¨

    
11.  

Percent of Class Represented by Amount in Row (9)

 

22.6%.

    
12.  

Type of Reporting Person

 

IN

    

CUSIP No. G37260 10 9

Page 3 of 10 pages




Page 2 of 4 Pages

  1.  

Name of Reporting Persons

I.R.S. Identification Nos. of Above Person (entities only)

 

Yu-Fan C. Kao

    
  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨

(b)  ¨

    
  3.  

SEC Use Only

 

    
  4.  

Citizenship or Place of Organization

 

USA

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

       2,604,612

  6.    Shared Voting Power

 

       15,228,184

  7.    Sole Dispositive Power

 

       2,604,612

  8.    Shared Dispositive Power

 

       15,228,184

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

24,379,426

    
10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

¨

    
11.  

Percent of Class Represented by Amount in Row (9)

 

22.6%.

    
12.  

Type of Reporting Person

 

IN

    

CUSIP No. G37260 10 9

Page 4 of 10 pages




Page 3 of 4 Pages

  1.  

Name of Reporting Persons

I.R.S. Identification Nos. of Above Person (entities only)

 

Jennifer Kao

    
  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨

(b)  ¨

    
  3.  

SEC Use Only

 

    
  4.  

Citizenship or Place of Organization

 

USA

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

       -0-

  6.    Shared Voting Power

 

       7,610,892

  7.    Sole Dispositive Power

 

       -0-

  8.    Shared Dispositive Power

 

       7,610,892

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

7,610,892

    
10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

x

    
11.  

Percent of Class Represented by Amount in Row (9)

 

7.1%.

    
12.  

Type of Reporting Person

 

IN

    

CUSIP No. G37260 10 9

Page 5 of 10 pages




Page 4 of 4 Pages

  1.  

Name of Reporting Persons

I.R.S. Identification Nos. of Above Person (entities only)

 

Kenneth Kao

    
  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨

(b)  ¨

    
  3.  

SEC Use Only

 

    
  4.  

Citizenship or Place of Organization

 

USA

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5.    Sole Voting Power

 

       -0-

  6.    Shared Voting Power

 

       7,610,892

  7.    Sole Dispositive Power

 

       -0-

  8.    Shared Dispositive Power

 

       7,610,892

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

7,610,892

    
10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

 

x

    
11.  

Percent of Class Represented by Amount in Row (9)

 

7.1%.

    
12.  

Type of Reporting Person

 

IN

    

CUSIP No. G37260 10 9

Page 6 of 10 pages

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

Item 1(b)  Address of Issuer's Principal Executive Offices: 5th Floor, Harbour Place, P.O. Box 30464 SMB, 103 South Church Street, George Town, Grand Cayman, Cayman Islands

Item 2(a)  Name of Persons Filing:
                  (i) Min H. Kao
                  (ii) Yu-Fan C. Kao
                  (iii) Jennifer Kao
                  (iv) Kenneth Kao

Item 2(b)  Address of Principal Business Office or, if none, Residence: 1200 East 151st Street, Olathe, Kansas 66062 for each person listed in 2(a)(i)-(iv)

Item 2(c)  Citizenship: USA for each person listed in 2(a)(i)-(iv)

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

Item 2(e)  CUSIP Number: G37260 10 9

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 is 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);


CUSIP No. G37260 10 9

Page 7 of 10 pages

    (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);


    (j)        [ ] Group, in accordance with § 240.13d-1(b)(1)(ii)(J).


            [ X ] Not applicable. (For each person listed in 2(a)(i)-(iv)


Item 4. Ownership

     (a) Amount beneficially owned:

Min H. Kao                          24,379,426(1)
Yu-Fan C. Kao                     24,379,426(1)
Jennifer Kao                          7,610,892(2)
Kenneth Kao                          7,610,892(2)

     (b)		 Percent of class:

Min H. Kao                          22.6%
Yu-Fan C. Kao                     22.6%
Jennifer Kao                          7.1%
Kenneth Kao                          7.1%

     (c)		 Number of shares as to which the person has:

         
(i)   sole power to vote or to direct the vote:

Min H. Kao
Yu-Fan C. Kao
Jennifer Kao
Kenneth Kao
6,546,630
2,604,612
0
    0

            
(ii)   shared power to vote or to direct the vote:

Min H. Kao
Yu-Fan C. Kao
Jennifer Kao
Kenneth Kao
15,228,184
15,228,184
7,610,892
 7,610,892

            
(iii)   sole power to dispose or to direct the disposition of:

Min H. Kao
Yu-Fan C. Kao
Jennifer Kao
Kenneth Kao
6,546,630
2,604,612
0
    0

           
(iv)   shared power to dispose or to direct the disposition of:

Min H. Kao
Yu-Fan C. Kao
Jennifer Kao
Kenneth Kao
15,228,184
15,228,184
7,610,892
7,610,892

(1)  

Of the 24,379,426 Common Shares, (i) 6,546,630 Common Shares are held by the Min-Hwan Kao Revocable Trust 9/28/95, over which Min H. Kao has sole voting and dispositive power, (ii) 6,400 Common Shares are held jointly by Min H. Kao and his wife, Yu-Fan C. Kao, (iii) 2,603,912 Common Shares are held by the Yu-Fan C. Kao Revocable Trust 9/28/95 over which Yu-Fan C. Kao has sole voting and dispositive power, (iv) 15,221,784 Common Shares are held by revocable trusts established by Jennifer Kao and Kenneth Kao, the children of Min H. Kao and Yu-Fan C. Kao, and (v) 700 Common Shares are held by Yu-Fan C. Kao, over which Min H. Kao has no voting or dispositive power. Min H. Kao disclaims beneficial ownership of those shares owned by the Yu-Fan C. Kao Revocable Trust 9/28/95, the 700 shares owned by his wife and those shares owned by the revocable trusts established by his children. Yu-Fan C. Kao disclaims beneficial ownership of those shares owned by the Min-Hwan Kao Revocable Trust 9/28/95 and those shares owned by the revocable trusts established by her children.


CUSIP No. G37260 10 9

Page 8 of 10 pages

(2)  

A revocable trust established by Jennifer Kao holds 7,610,892 Common Shares and a revocable trust established by Kenneth Kao holds 7,610,892 Common Shares. Jennifer Kao and Kenneth Kao each disclaim beneficial ownership of the Common Shares held by the Min-Hwan Kao Revocable Trust 9/28/95 and the Yu-Fan C. Kao Revocable Trust 9/28/95 over which they have no voting or dispositive power, the 700 shares held by their mother over which they have no voting or dispositive power and, with respect to Jennifer Kao, the Common Shares held by the revocable trust established by Kenneth Kao over which she has no voting or dispositive power, and with respect to Kenneth Kao, the Common Shares held by the revocable trust established by Jennifer Kao over which he has no voting or dispositive power.


Item 5. Ownership of Five 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 five percent of the class of securities, check the following.     [ ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person

        Not Applicable

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

CUSIP No. G37260 10 9

Page 9 of 10 pages

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: February 9, 2004

By: /s/ Min H. Kao
Name: Min H. Kao

By: /s/ Yu-Fan C. Kao
Name: Yu-Fan C. Kao

By: /s/ Jennifer Kao by Min H. Kao, attorney-in-fact
Name: Jennifer Kao

By: /s/ Kenneth Kao
Name: Kenneth Kao

Pursuant to the Joint Filing Agreement with respect to Schedule 13G attached hereto as Exhibit I, among Min H. Kao, Yu-Fan C. Kao, Jennifer Kao and Kenneth Kao, this statement on Schedule 13G is filed on behalf of each of them.

CUSIP No. G37260 10 9

Page 10 of 10 pages

EXHIBIT I

JOINT FILING AGREEMENT

        Each of the undersigned hereby agrees that the Schedule 13G filed herewith is filed jointly, pursuant to Rule 13d-1(f)(1) of the Securities Exchange Act of 1934, as amended, on behalf of each of them.

      Dated: February 9, 2004

MIN H. KAO

/s/ Min H. Kao
Min H. Kao

YU-FAN C. KAO

/s/ Yu-Fan C. Kao
Yu-Fan C. Kao

JENNIFER KAO

/s/ Jennifer Kao by Min H. Kao, attorney-in-fact
Jennifer Kao

KENNETH KAO

/s/ Kenneth Kao
Kenneth Kao

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