Darius Adamczyk - May 26, 2021 Form 4 Insider Report for Garrett Motion Inc. (GTX)

Signature
/s/ Su Ping Lu, pursuant to Power of Attorney filed herewith
Stock symbol
GTX
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 08:43 PM
Previous filing
May 10, 2021
Next filing
Jul 27, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GTX Restricted Stock Units Award $0 +9.29K $0.00 9.29K May 26, 2021 Common Stock 9.29K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units under the Garret Motion Inc. 2021 Long-Term Incentive Plan.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Garrett Motion Inc. (the "Company").
F3 The restricted stock units vest in full on the first anniversary of the date of grant, subject to the reporting person's continued service.

Remarks:

Darius Adamczyk is the Chief Executive Officer of Honeywell International Inc. ("Honeywell") and, in such capacity, may be deemed to have voting and/or dispositive power with respect to the securities owned by Honeywell in the Company and may therefore be deemed to be a 10% beneficial owner, as reported on the Form 3 filed on May 10, 2021. Mr. Adamczyk expressly disclaims beneficial ownership of the securities held by Honeywell.