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Garrett Motion Inc. — Director's Dealing 2020
Oct 29, 2020
31466_dirs_2020-10-28_ef7b2daf-40a3-4190-9afc-863e344954ec.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: 2020-07-26
Reporting Person: Bracke Peter (VP, Chief Transformation Off.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-26 | Common Stock | F | 1298 | $7.10 | Disposed | 209533 | Direct |
| 2020-10-26 | Common Stock | F | 556 | $1.505 | Disposed | 208977 | Direct |
Footnotes
F1: Represents shares withheld by Garrett Motion Inc. ("Garrett") for payment of the tax liability incurred upon the vesting of a restricted stock unit award granted on October 1, 2018 in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell International Inc. ("Honeywell") into equity awards of Garrett in connection with the legal and structural separation of Garrett from Honeywell.
F2: The price is based on the high-low average price on September 24, 2020, the vesting date of the restricted stock unit award. The shares were withheld on October 26, 2020, after receipt of bankruptcy court approval.