4//SEC Filing
Rapaport John Ross 4
Accession 0000899243-21-017872
CIK 0001735707other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 8:06 PM ET
Size
19.7 KB
Accession
0000899243-21-017872
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Rapaport John Ross
Other
Transactions
- Other
Common Stock
2021-04-30−1,506,050→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]On September 20, 2020, Garrett Motion Inc. (the "Issuer") and certain of its subsidiaries (collectively, the "Debtors") each filed a voluntary petition for relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On April 26, 2021, the Debtors filed an amended Chapter 11 plan of reorganization (the "Plan") and on April 9, 2021, the Issuer filed a supplement to the Plan (as amended on April 20, 2021 and April 22, 2021, the "Plan Supplement") with the Bankruptcy Court. On April 26, 2021, the Bankruptcy Court entered an order confirming the Plan (the "Confirmation Order") and, on April 30, 2021 (the "Effective Date") the conditions to effectiveness of the Plan were satisfied or waived and the Issuer emerged from bankruptcy.
- [F2](Continued from footnote 1) On the Effective Date, all outstanding shares of the Issuer's common stock outstanding prior to the Effective Date were canceled, released, and extinguished, and of no further force or effect and without any need for a holder of such common stock to take further action with respect thereto. Accordingly, this Form 4 shall constitute an exit filing for the Reporting Persons with respect to the Issuer.
- [F3]Keyframe Fund I, L.P., Keyframe Fund II, L.P., Keyframe Fund III, L.P. and Keyframe Fund IV, L.P. (collectively, the "Keyframe Funds") directly hold 263,900, 225,226, 564,200 and 452,724 shares, respectively, of common stock of the Issuer. Keyframe Capital Advisors, L.L.C. ("KCA") is the general partner of each of the Keyframe Funds. Keyframe Capital Partners, L.P. ("KCP") is the investment manager to each of the Keyframe Funds. Keyframe Capital Partners GP, L.L.C. ("KCPGP") is the general partner to KCP. Mr. John R. Rapaport is the Chief Investment Officer and Managing Partner of KCP and the Managing Member of both KCA and KCPGP. The Keyframe Funds, KCA, KCP, KCPGP and Mr. Rapaport are collectively referred to as the "Reporting Persons."
Documents
Issuer
Garrett Motion Inc.
CIK 0001735707
Entity typeother
Related Parties
1- filerCIK 0001619801
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 8:06 PM ET
- Size
- 19.7 KB