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Garrett Motion Inc. — Director's Dealing 2019
Mar 7, 2019
31466_dirs_2019-03-06_28cd61c7-477e-4d8f-91c8-9be679fe6a0f.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: 2019-03-04
Reporting Person: Balis Craig (SVP & Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-04 | Common Stock | A | 12413 | $0.00 | Acquired | 278082 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-04 | Employee Stock Option (Right to Buy) | $16.17 | A | 27570 | Acquired | 2029-03-03 | Common Stock (27570) | Direct |
Footnotes
F1: The reported transaction involved the reporting person's receipt of a grant of 12,413 restricted stock units ("RSUs") under the 2018 Stock Incentive Plan of Garrett Motion Inc. and its Affiliates. The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 12,413 newly awarded RSUs, 202,875 RSUs previously reported in Table II, and 62,794 shares of common stock. The 12,413 newly awarded RSUs are scheduled to vest in full on March 4, 2022, subject to continued employment.
F2: The stock option is scheduled to vest in equal installments on March 4, 2020, March 4, 2021, March 4, 2022 and March 4, 2023, subject to continued employment.