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Garrett Motion Inc. Director's Dealing 2020

Nov 12, 2020

31466_dirs_2020-11-12_5d6be6be-6752-4451-9b9a-b43a2e9e46be.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Garrett Motion Inc. (GTXMQ)
CIK: 0001735707
Period of Report: 2020-11-02

Reporting Person: Benefit Street Partners LLC (Member of 10% owner group)
Reporting Person: Gahan Thomas (Member of 10% owner group)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.001 par value per share 1389839 Indirect

Footnotes

F1: Includes shares of Common Stock held by Benefit Street Partners Dislocation Fund L.P. (as to 240,510 shares), Benefit Street Partners Dislocation Fund (Cayman) Master L.P. (as to 359,000 shares), BSP Special Situations Master A L.P. (as to 740,329 shares), BSP Credit Solutions Fund, LP (as to 50,000 shares) (collectively, the "BSP Funds"). Benefit Street Partners L.L.C. ("BSP") is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended. BSP serves as the investment adviser to each of the BSP Funds. Thomas J. Gahan controls BSP through his indirect ownership of membership interests of BSP and as Chief Executive Officer of BSP's sole managing member. As of November 12, 2020, the BSP Funds collectively held 1,389,839 shares of Common Stock of the Company. As a result, for purposes of Rule 13d-3 promulgated under the Act, each of Mr. Gahan and BSP may be deemed to share beneficial ownership of the 1,389,839 shares of Common Stock held in the aggregate by the BSP Funds.

F2: The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Exchange Act or for any other purpose. This filing should not be construed to be an admission that any of the Reporting Persons are members of a "group" for the purposes of Sections 13(d) of the Exchange Act.