SEC Form 4 · accession 0000899243-19-006541
Garrett Motion Inc. · GTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell James
Officer — VP & Corp. Controller
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 8:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001735707
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 4, 2019 | A | 12,301 | $0.00 | A | 12,301 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $16.17 | Mar 4, 2019 | A | 9,505 | A | — | Mar 3, 2029 | Common Stock | 9,505 | 9,505 | D |
Explanation of responses
- F1The reported transaction involved the reporting person's receipt of grants of restricted stock units ("RSUs") in the aggregate amount of 12,301 RSUs under the 2018 Stock Incentive Plan of Garrett Motion Inc. and its Affiliates, of which 8,021 RSUs are scheduled to vest in full on March 4, 2021 and 4,280 RSUs are scheduled to vest in full on March 4, 2022, in each case subject to continued employment.
- F2The stock option is scheduled to vest in equal installments on March 4, 2020, March 4, 2021, March 4, 2022 and March 4, 2023, subject to continued employment.