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Garrett Motion Inc. Director's Dealing 2019

Feb 28, 2019

31466_dirs_2019-02-27_4e765a6d-66a2-4795-90af-2cfb4e6c0677.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: 2019-02-25

Reporting Person: Balis Craig (SVP & Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-25 Common Stock M 10328 Acquired 10867 Direct
2019-02-25 Common Stock F 588 $16.215 Disposed 10279 Direct
2019-02-25 Common Stock M 19135 Acquired 29414 Direct
2019-02-25 Common Stock F 1088 $16.215 Disposed 28326 Direct
2019-02-26 Common Stock M 9430 Acquired 37756 Direct
2019-02-26 Common Stock F 537 $16.685 Disposed 37219 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-25 Restricted Stock Units $ M 10328 Disposed Common Stock (10328) Direct
2019-02-25 Restricted Stock Units $ M 19135 Disposed Common Stock (19135) Direct
2019-02-26 Restricted Stock Units $ M 9430 Disposed Common Stock (9430) Direct

Footnotes

F1: On October 1, 2018, the reporting person was granted 20,656 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 25, 2019 and February 25, 2020, subject to continued employment.

F2: On October 1, 2018, in connection with the Conversion, the reporting person was granted 19,135 restricted stock units, which vested in full on February 25, 2019.

F3: On October 1, 2018, in connection with the Conversion, the reporting person was granted 9,430 restricted stock units, which vested in full on February 26, 2019.