HONEYWELL INTERNATIONAL INC - 12 Jun 2023 Form 4 Insider Report for Garrett Motion Inc. (GTX)

Role
Other*
Signature
/s/ Anna T. Madden Senior Vice President and General Counsel of Honeywell International Inc.
Issuer symbol
GTX
Transactions as of
12 Jun 2023
Net transactions value
$0
Form type
4
Filing time
14 Jun 2023, 21:39:48 UTC
Next filing
25 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTX Common Stock Conversion of derivative security +4,196,330 +145% 7,092,446 12 Jun 2023 Direct F1

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 Series A Cumulative Convertible Preferred Stock Conversion of derivative security -4,196,330 -100% 0 12 Jun 2023 Common Stock 4,196,330 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

HONEYWELL INTERNATIONAL INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The common stock reported herein were issued following the automatic conversion of all outstanding the Series A Cumulative Convertible Preferred Stock of Garrett Motion Inc. (the "Conversion") in accordance with the Issuer's certificate of designations for the Series A Cumulative Convertible Preferred Stock.

Remarks:

After giving effect to the Conversion, the Reporting Person ceased to be a 10% Owner and is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.