James Russell 4
4 · Garrett Motion Inc. · Filed May 4, 2021
Insider Transaction Report
Form 4
James Russell
VP & Corp. Controller (PAO)
Transactions
- Disposition to Issuer
Common Stock
2021-04-30$6.25/sh−4,280$26,750→ 0 total - Disposition to Issuer
Common Stock
2021-04-30$6.25/sh−4,547$28,419→ 4,280 total
Footnotes (2)
- [F1]Represents the disposition of 4,547 Shares of common stock pursuant to Garrett Motion Inc.'s (the "Company's") chapter 11 plan of reorganization (the "Plan"), for which the reporting person elected to receive a cash payment of $6.25 per share from the Company in exchange for the cancellation of the shares. 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 disposition of 4,280 time-based restricted stock units by operation of the Company's Plan.