4//SEC Filing
Deiro Daniel 4
Accession 0000899243-21-018210
CIK 0001735707other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 5:40 PM ET
Size
8.9 KB
Accession
0000899243-21-018210
Insider Transaction Report
Form 4
Deiro Daniel
SVP, GCM & GM Japan/Korea
Transactions
- Disposition to Issuer
Common Stock
2021-04-30$6.25/sh−15,338$95,863→ 107,616 total - Disposition to Issuer
Common Stock
2021-04-30$6.25/sh−86,189$538,681→ 21,427 total - Disposition to Issuer
Common Stock
2021-04-30$6.25/sh−21,427$133,919→ 0 total
Footnotes (4)
- [F1]Represents the disposition of 15,338 performance-based restricted stock units pursuant to Garrett Motion Inc.'s (the "Company's") chapter 11 plan of reorganization (the "Plan"). 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]Following the transaction reported above, the reporting person directly beneficially owned 107,616 shares of common stock of the Company. This information updates the information reflected in the reporting person's previous Form 4 filed on March 2, 2021, which inadvertently omitted 32 shares of common stock held by the reporting person.
- [F3]Represents the disposition of 86,189 shares of common stock by operation of the Company's 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.
- [F4]Represents the disposition of 21,427 time-based restricted stock units by operation of the Company's Plan.
Documents
Issuer
Garrett Motion Inc.
CIK 0001735707
Entity typeother
Related Parties
1- filerCIK 0001744045
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 5:40 PM ET
- Size
- 8.9 KB