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Garrett Motion Inc. — Director's Dealing 2019
Aug 2, 2019
31466_dirs_2019-08-02_b5448d4b-2b02-41fe-9b3d-0f03ca6a99ad.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Garrett Motion Inc. (GTX)
CIK: 0001735707
Period of Report: 2019-07-31
Reporting Person: Rabiller Olivier (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-31 | Common Stock | F | 1598 | $14.02 | Disposed | 569348 | Direct |
Footnotes
F1: Represents shares withheld by Garrett Motion Inc. ("Garrett") for payment of the tax liability incurred upon the vesting of a portion of an award of restricted stock units that settle in shares of Garrett common stock ("RSUs").
F2: As of the date of filing of this Form 4, the reporting person beneficially owns 569,348 shares of Garrett common stock, consisting of (a) 493,732 RSUs and (b) 75,616 shares of Garrett common stock. This information updates the information reflected in the reporting person's previous Form 4 filed on March 6, 2019, which inadvertently reported beneficial ownership of (a) 475,837 previously awarded RSUs, rather than 472,962 previously awarded RSUs actually beneficially owned as of that date, and (b) an aggregate amount of securities beneficially owned of 573,821 shares of Garrett common stock, rather than the aggregate of 570,946 shares of Garrett common stock actually beneficially owned as of that date.