Garrett Motion Inc. — Director's Dealing 2021

May 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Garrett Motion Inc. (GTX)
CIK: 0001735707
Period of Report: 2021-04-30

Reporting Person: MAIN SUE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-30	Common Stock	D	9190	$0.00	Disposed	0	Direct
2021-04-30	Common Stock	A	9190	$0.00	Acquired	9190	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Subscription Rights (right to buy)	$5.25	M	9190	Disposed	2021-04-16	Series A Preferred Stock (9190)	Direct
2021-04-30	Series A Cumulative Convertible Preferred Stock	$0.00	M	9190	Acquired		Common Stock (9190)	Direct

Footnotes

F1: Represents the cancellation of 9,190 shares of common stock pursuant to Garrett Motion Inc.'s ("the Company") chapter 11 plan of reorganization (the "Plan"). The Plan was confirmed by an order of the United States Bankruptcy Court for the Southern District of New York entered on April 26, 2021 and became effective on April 30, 2021.

F2: Represents the issuance of 9,190 shares of common stock to effect the reinstatement of the reporting person's cancelled shares of common stock pursuant to the Plan.

F3: Represents the acquisition of 9,190 shares of Series A Cumulative Convertible Preferred Stock ("Series A Preferred Stock") of the Company for $5.25 per share pursuant to the exercise of subscription rights representing the right to buy Series A Preferred Stock issued to the reporting person under the Plan. The Series A Preferred Stock is convertible into shares of the Company's common stock on a one-to-one basis on dates specified in the Certificate of Designation. The Series A Preferred Stock is perpetual and therefore has no expiration date.