AI assistant
Garrett Motion Inc. — Director's Dealing 2019
Mar 7, 2019
31466_dirs_2019-03-06_52dfbcab-d273-4649-8c86-3e800ee4315c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Garrett Motion Inc. (GTX)
CIK: 0001735707
Period of Report: 2019-03-04
Reporting Person: Gili Alessandro (SVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-04 | Common Stock | A | 44873 | $0.00 | Acquired | 236002 | 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 | 34375 | Acquired | 2029-03-03 | Common Stock (34375) | Direct |
Footnotes
F1: The reported transaction involved the reporting person's receipt of grants of restricted stock units ("RSUs") in the aggregate amount of 44,873 RSUs under the 2018 Stock Incentive Plan of Garrett Motion Inc. and its Affiliates, of which 29,396 RSUs are scheduled to vest in full on March 4, 2021 and 15,477 RSUs are scheduled to vest in full on March 4, 2022, in each case subject to continued employment. The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 44,873 newly awarded RSUs and 191,129 RSUs previously reported in Table II.
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.