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Garrett Motion Inc. — Director's Dealing 2019
Mar 2, 2019
31466_dirs_2019-03-01_d5560263-2329-461f-b58c-32bfb38490ff.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: 2019-02-27
Reporting Person: Maironi Jerome (SVP, GC & Corp. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-27 | Common Stock | M | 3579 | — | Acquired | 48974 | Direct |
| 2019-02-28 | Common Stock | M | 7834 | — | Acquired | 56808 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-27 | Restricted Stock Units | $ | M | 3579 | Disposed | Common Stock (3579) | Direct | |
| 2019-02-28 | Restricted Stock Units | $ | M | 7834 | Disposed | Common Stock (7834) | Direct |
Footnotes
F1: On October 1, 2018, the reporting person was granted 14,318 restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell International Inc. into equity awards of Garrett Motion Inc. in connection with the legal and structural separation of Garrett Motion Inc. from Honeywell International Inc. (such conversion, the "Conversion"). The restricted stock units vested or will vest, as the case may be, in equal installments on February 27, 2019, February 27, 2020, February 27, 2021 and February 27, 2022, subject to continued employment.
F2: On October 1, 2018, in connection with the Conversion, the reporting person was granted 23,503 restricted stock units, which vested or will vest, as the case may be, in equal installments on February 28, 2019, February 28, 2020 and February 28, 2021, subject to continued employment.