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Garrett Motion Inc. Director's Dealing 2019

Mar 2, 2019

31466_dirs_2019-03-01_a857b39a-0fc0-4359-b211-fdb6803801fd.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: Balis Craig (SVP & Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-27 Common Stock M 3771 Acquired 40990 Direct
2019-02-27 Common Stock F 215 $16.755 Disposed 40775 Direct
2019-02-27 Common Stock M 16352 Acquired 57127 Direct
2019-02-27 Common Stock F 930 $16.755 Disposed 56197 Direct
2019-02-28 Common Stock M 6995 Acquired 63192 Direct
2019-02-28 Common Stock F 398 $16.61 Disposed 62794 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-27 Restricted Stock Units $ M 3771 Disposed Common Stock (3771) Direct
2019-02-27 Restricted Stock Units $ M 16352 Disposed Common Stock (16352) Direct
2019-02-28 Restricted Stock Units $ M 6995 Disposed Common Stock (6995) Direct

Footnotes

F1: On October 1, 2018, the reporting person was granted 15,085 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 33,216 restricted stock units, which vested or will vest, as the case may be, 49.2293% on February 27, 2019 and the balance on February 27, 2021, subject to continued employment.

F3: On October 1, 2018, in connection with the Conversion, the reporting person was granted 20,985 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.