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

Reporting relationship: Other*
Issuer ticker: GTX
Reported as of: 12 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Jun 2023, 21:39:48 UTC
Next SEC filing: 25 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Anna T. Madden Senior Vice President and General Counsel of Honeywell International Inc.

Key filing fact

HONEYWELL INTERNATIONAL INC filed Form 4 for Garrett Motion Inc. (GTX) on 14 Jun 2023.

Key facts

This page summarizes HONEYWELL INTERNATIONAL INC's Form 4 filing for Garrett Motion Inc. (GTX).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Jun 2023, 21:39.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GTX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +4,196,330
Change %: +145%
Price
Shares after: 7,092,446
Date: 12 Jun 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GTX transaction Derivative

Series A Cumulative Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -4,196,330
Change %: -100%
Price
Shares after: 0
Date: 12 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,196,330
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

HONEYWELL INTERNATIONAL INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote 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.

SEC 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.