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Spenninck Fabrice 4

Accession 0000899243-21-018211

CIK 0001735707other

Filed

May 3, 8:00 PM ET

Accepted

May 4, 5:41 PM ET

Size

8.5 KB

Accession

0000899243-21-018211

Insider Transaction Report

Form 4
Period: 2021-04-30
Spenninck Fabrice
SVP & Chief Human Res. Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2021-04-30$6.25/sh26,076$162,97561,907 total
  • Disposition to Issuer

    Common Stock

    2021-04-30$6.25/sh14,622$91,38887,983 total
  • Disposition to Issuer

    Common Stock

    2021-04-30$6.25/sh61,907$386,9190 total
Footnotes (3)
  • [F1]Represents the disposition of 14,622 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]Represents the disposition of 26,076 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.
  • [F3]Represents the disposition of 61,907 time-based restricted stock units by operation of the Company's Plan.

Issuer

Garrett Motion Inc.

CIK 0001735707

Entity typeother

Related Parties

1
  • filerCIK 0001744889

Filing Metadata

Form type
4
Filed
May 3, 8:00 PM ET
Accepted
May 4, 5:41 PM ET
Size
8.5 KB