Garrett Motion Inc. — Director's Dealing 2020

Mar 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Garrett Motion Inc. (GTX)
CIK: 0001735707
Period of Report: 2020-03-03

Reporting Person: Bracke Peter (Interim CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Common Stock	M	12050	—	Acquired	64184	Direct
2020-03-03	Common Stock	M	1598	—	Acquired	65782	Direct
2020-03-03	Common Stock	M	19907	—	Acquired	85689	Direct
2020-03-03	Common Stock	M	8394	—	Acquired	94083	Direct
2020-03-03	Common Stock	F	2446	$6.79	Disposed	91637	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Restricted Stock Units	$	M	12050	Disposed		Common Stock (12050)	Direct
2020-03-03	Restricted Stock Units	$	M	1598	Disposed		Common Stock (1598)	Direct
2020-03-03	Restricted Stock Units	$	M	19907	Disposed		Common Stock (19907)	Direct
2020-03-03	Restricted Stock Units	$	M	8394	Disposed		Common Stock (8394)	Direct

Footnotes

F1: On October 1, 2018, the reporting person was granted 12,050 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. ("Garrett") from Honeywell International Inc. (such conversion, the "Conversion"). The restricted stock units vested in full on March 3, 2020.

F2: On October 1, 2018, in connection with the Conversion, the reporting person was granted 4,794 restricted stock units, which vested or will vest, as the case may be, in equal installments on March 3, 2020, February 27, 2021 and February 27, 2022, subject to continued employment.

F3: On October 1, 2018, in connection with the Conversion, the reporting person was granted 19,907 restricted stock units, which vested in full on March 3, 2020.

F4: On October 1, 2018, in connection with the Conversion, the reporting person was granted 16,788 restricted stock units, which vested or will vest, as the case may be, in equal installments on March 3, 2020 and February 28, 2021, subject to continued employment.

F5: Represents shares withheld by Garrett for payment of the tax liability incurred upon the partial or full vesting of the restricted stock units referenced in footnotes 1, 2, 3 and 4.