4//SEC Filing
NEWTYN PARTNERS, LP 4
Accession 0000899243-21-017876
CIK 0001735707other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 8:10 PM ET
Size
15.7 KB
Accession
0000899243-21-017876
Insider Transaction Report
Form 4
Levy Noah G.
Other
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 0 total(indirect: See Footnote)
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 0 total(indirect: See Footnote)
Ledo Capital, LLC
Other
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 0 total(indirect: See Footnote)
NEWTYN PARTNERS, LP
Other
Transactions
- Other
Common Stock
2021-04-30−1,802,095→ 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]Newtyn Partners, LP ("NP") and Newtyn TE Partners, LP ("NTE") directly held 1,117,299 and 684,796 shares, respectively, of common stock of the Issuer. Newtyn Management, LLC ("NM") is the investment manager of NP and NTE. Newtyn Capital Partners, LP ("NCP") is the general partner to each of NP and NTE. Ledo Capital, LLC ("Ledo") is the general partner to NCP. Mr. Noah Levy is managing member to NM. NP, NTE, NM, NCP, Ledo and Mr. Levy are collectively referred to as the "Reporting Persons."
Documents
Issuer
Garrett Motion Inc.
CIK 0001735707
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001548707
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 8:10 PM ET
- Size
- 15.7 KB