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Garrett Motion Inc. — Director's Dealing 2024
Dec 17, 2024
31466_dirs_2024-12-17_639076de-80e3-4084-b48c-de13a8de5c1c.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: 2024-12-13
Reporting Person: Centerbridge Special Credit Partners III-Flex, L.P. (N/A)
Reporting Person: Centerbridge Credit Partners Master, L.P. (N/A)
Reporting Person: Centerbridge Credit Partners Offshore General Partner, L.P. (N/A)
Reporting Person: Centerbridge Credit Cayman GP, Ltd. (N/A)
Reporting Person: Centerbridge Credit GP Investors, L.L.C. (N/A)
Reporting Person: Centerbridge Special Credit Partners General Partner III, L.P. (N/A)
Reporting Person: CSCP III Cayman GP Ltd. (N/A)
Reporting Person: Aronson Jeffrey (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-13 | Common Stock | D | 1979273 | $8.9 | Disposed | 24842417 | Indirect |
| 2024-12-13 | Common Stock | D | 829715 | $8.9 | Disposed | 10413978 | Indirect |
Footnotes
F1: The transactions being reported were effected pursuant to Block Trade Purchase Agreements entered into by Centerbridge Credit Partners Master, L.P. ("Credit Partners Master") and Centerbridge Special Credit Partners III-Flex, L.P. ("SC III-Flex") on December 13, 2024 with Garrett Motion, Inc. and are exempt transactions pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
F2: CSCP III Cayman GP Ltd. ("CSCP III Cayman GP") is the general partner of Centerbridge Special Credit Partners General Partner III, L.P. ("Special Credit III GP"), which is the general partner of SC III-Flex, and may be deemed to share beneficial ownership over the shares of Common Stock held of record by SC III-Flex. As the director of CSCP III Cayman GP, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by SC III-Flex. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by SC III-Flex, except to the extent of any proportionate pecuniary interest therein.
F3: Centerbridge Credit GP Investors, L.L.C. ("Credit GP Investors") is the sole director of Centerbridge Credit Cayman GP, Ltd. ("Credit Cayman GP"), which is the general partner of Centerbridge Credit Partners Offshore General Partner, L.P. ("Credit Partners Offshore GP"), which is the general partner of Credit Partners Master, and may be deemed to share beneficial ownership over the shares of Common Stock held of record by Credit Partners Master. As the managing member of Credit GP Investors, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by Credit Partners Master. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by Credit Partners Master, except to the extent of any proportionate pecuniary interest therein.