Bracke Peter 4
4 · Garrett Motion Inc. · Filed Mar 17, 2020
Insider Transaction Report
Form 4
Bracke Peter
Acting Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2020-03-15+23,933→ 233,201 total - Tax Payment
Common Stock
2020-03-15$4.37/sh−1,397$6,105→ 231,804 total - Exercise/Conversion
Restricted Stock Units
2020-03-15−23,933→ 0 total→ Common Stock (23,933 underlying)
Footnotes (2)
- [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.