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Garrett Motion Inc. Director's Dealing 2020

Mar 18, 2020

31466_dirs_2020-03-17_f8d79bb9-571a-435e-ad04-880b106e012f.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: 2020-03-15

Reporting Person: Bracke Peter (Interim CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-15 Common Stock M 23933 Acquired 233201 Direct
2020-03-15 Common Stock F 1397 $4.37 Disposed 231804 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-03-15 Restricted Stock Units $ M 23933 Disposed Common Stock (23933) Direct

Footnotes

F1: The reported transaction involved the vesting in full on March 15, 2020 of 23,933 restricted stock units ("RSUs") previously granted to the reporting person on October 1, 2018 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. ("Garrett") in connection with the legal and structural separation of Garrett from Honeywell International Inc. The reporting person previously reported awards of RSUs in Table II of Form 4. The total reported in Column 5 includes 117,631 unvested RSUs previously reported in Table II and 115,570 shares of common stock (including shares received upon the vesting of 23,933 RSUs on March 15, 2020 as described above).

F2: Represents shares withheld by Garrett for payment of the tax liability incurred upon the vesting of the 23,933 RSUs referenced in footnote 1.