SEC Form 4 · accession 0000950142-18-001922
Garrett Motion Inc. · GTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
HONEYWELL INTERNATIONAL INC
10% Owner · Other
Period of report
Oct 1, 2018
Accepted (ET)
Oct 1, 2018 · 6:22 am EDT
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 Stock, par value $0.001 | Oct 1, 2018 | J | 74,070,852 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 1, 2018, Honeywell International Inc. ("Honeywell") disposed of all 74,070,852 shares of Garrett Motion Inc., a Delaware corporation ("Garrett"), common stock, par value $0.001 per share (the "Garrett Common Stock"), issued and outstanding by distributing a pro rata dividend to Honeywell's stockholders one share of Garrett Common Stock for every ten shares of Honeywell common stock, par value $1.00 per share held by each holder of record as of 5:00 p.m. New York City time on September 18, 2018, to effect the legal and structural separation of Garrett from Honeywell.
- F2Because an employee of Honeywell was a director of Garrett, Honeywell was previously deemed to be a director by deputization.