Sessa Capital GP, LLC - Mar 6, 2024 Form 4 Insider Report for Garrett Motion Inc. (GTX)

Role: 10%+ Owner
Signature: /s/ John Petry, for Sessa Capital GP, LLC, By: John Petry, as manager
Stock symbol: GTX
Transactions as of: Mar 6, 2024
Transactions value $: -$90,000,000
Form type: 4
Date filed: 3/6/2024, 05:20 PM
Previous filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTX	Common Stock	Sale	-$90M	-10M	-39.63%	$9.00	15.2M	Mar 6, 2024	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sessa Capital GP, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Reflects the sale of 10,000,000 shares of common stock of Garrett Motion Inc. (the "Issuer") to the Issuer pursuant to a Block Trade Purchase Agreement dated March 6, 2024.
F2	These securities of the Issuer are beneficially owned by (i) Sessa Capital (Master), L.P. (the "Fund"), directly, (ii) Sessa Capital GP, LLC, indirectly as a result of being the sole general partner of the Fund, (iii) Sessa Capital IM, L.P., indirectly as a result of being the investment adviser for the Fund, (iv) Sessa Capital IM GP, LLC, indirectly as a result of being the sole general partner of Sessa Capital IM, L.P., and (v) John Petry, indirectly as a result of being the manager of Sessa Capital GP, LLC and Sessa Capital IM GP, LLC. Each of the Reporting Persons and Mr. Petry disclaim beneficial ownership of any securities reported by any person except to the extent of their pecuniary interest therein.

Content

Reflects the sale of 10,000,000 shares of common stock of Garrett Motion Inc. (the "Issuer") to the Issuer pursuant to a Block Trade Purchase Agreement dated March 6, 2024.

These securities of the Issuer are beneficially owned by (i) Sessa Capital (Master), L.P. (the "Fund"), directly, (ii) Sessa Capital GP, LLC, indirectly as a result of being the sole general partner of the Fund, (iii) Sessa Capital IM, L.P., indirectly as a result of being the investment adviser for the Fund, (iv) Sessa Capital IM GP, LLC, indirectly as a result of being the sole general partner of Sessa Capital IM, L.P., and (v) John Petry, indirectly as a result of being the manager of Sessa Capital GP, LLC and Sessa Capital IM GP, LLC. Each of the Reporting Persons and Mr. Petry disclaim beneficial ownership of any securities reported by any person except to the extent of their pecuniary interest therein.