SEC Form 4 · accession 0000950142-18-001981
Garrett Motion Inc. · GTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Deiro
Officer — SVP, GCM & GM Japan/Korea
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001735707
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Oct 1, 2018 | A | 8,949 | A | — | — | Common Stock | 8,949 | 8,949 | D |
| Restricted Stock UnitsF2 | — | Oct 1, 2018 | A | 12,927 | A | — | — | Common Stock | 12,927 | 12,927 | D |
| Restricted Stock UnitsF3 | — | Oct 1, 2018 | A | 12,050 | A | — | — | Common Stock | 12,050 | 12,050 | D |
| Restricted Stock UnitsF4 | — | Oct 1, 2018 | A | 4,717 | A | — | — | Common Stock | 4,717 | 4,717 | D |
| Restricted Stock UnitsF5 | — | Oct 1, 2018 | A | 9,080 | A | — | — | Common Stock | 9,080 | 9,080 | D |
| Restricted Stock UnitsF6 | — | Oct 1, 2018 | A | 10,185 | A | — | — | Common Stock | 10,185 | 10,185 | D |
| Restricted Stock UnitsF7 | — | Oct 1, 2018 | A | 11,194 | A | — | — | Common Stock | 11,194 | 11,194 | D |
| Restricted Stock UnitsF8 | — | Oct 1, 2018 | A | 22,693 | A | — | — | Common Stock | 22,693 | 22,693 | D |
| Restricted Stock UnitsF9 | — | Oct 1, 2018 | A | 13,422 | A | — | — | Common Stock | 13,422 | 13,422 | D |
Explanation of responses
- F1Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell International Inc. ("Honeywell") into equity awards of Garrett Motion Inc. ("Garrett") with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest in equal installments on February 27, 2019, February 27, 2020, February 27, 2021 and February 27, 2022, subject to continued employment.
- F2Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest in equal installments on February 28, 2019, February 28, 2020 and February 28, 2021, subject to continued employment.
- F3Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest in equal installments on February 25, 2019, and February 25, 2020, subject to continued employment.
- F4Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest on February 26, 2019, subject to continued employment.
- F5Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest on February 27, 2021, subject to continued employment.
- F6Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest on February 28, 2020, subject to continued employment.
- F7Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest on February 25, 2019, subject to continued employment.
- F8Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest 49% on July 31, 2020 and 51% on July 31, 2022, subject to continued employment.
- F9Grant of restricted stock units in connection with the conversion of certain equity and cash incentive awards previously granted by Honeywell into equity awards of Garrett with respect to, or with a value determined with reference to, Garrett common stock, par value $0.001. The restricted stock units will vest on March 15, 2020, subject to continued employment.