0000899243-21-018170.txt : 20210504
0000899243-21-018170.hdr.sgml : 20210504
20210504172732
ACCESSION NUMBER: 0000899243-21-018170
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210430
FILED AS OF DATE: 20210504
DATE AS OF CHANGE: 20210504
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MAIN SUE
CENTRAL INDEX KEY: 0001284967
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38636
FILM NUMBER: 21890031
MAIL ADDRESS:
STREET 1: TELEDYNE TECHNOLOGIES INCORPORATED
STREET 2: 1049 CAMINO DOS RIOS
CITY: THOUSAND OAKS
STATE: CA
ZIP: 91360
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Garrett Motion Inc.
CENTRAL INDEX KEY: 0001735707
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 824873189
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: LA PIECE 16
CITY: ROLLE
STATE: V8
ZIP: 1180
BUSINESS PHONE: 41-21-695-3000
MAIL ADDRESS:
STREET 1: LA PIECE 16
CITY: ROLLE
STATE: V8
ZIP: 1180
FORMER COMPANY:
FORMER CONFORMED NAME: Garrett Transportation Systems Inc.
DATE OF NAME CHANGE: 20180327
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-04-30
1
0001735707
Garrett Motion Inc.
GTX
0001284967
MAIN SUE
LA PIECE 16
ROLLE
V8
1180
SWITZERLAND
1
0
0
0
Common Stock
2021-04-30
4
D
0
9190
0.00
D
0
D
Common Stock
2021-04-30
4
A
0
9190
0.00
A
9190
D
Subscription Rights (right to buy)
5.25
2021-04-30
4
M
0
9190
0.00
D
2021-03-19
2021-04-16
Series A Preferred Stock
9190
0
D
Series A Cumulative Convertible Preferred Stock
0.00
2021-04-30
4
M
0
9190
0.00
A
Common Stock
9190
9190
D
Represents the cancellation of 9,190 shares of common stock pursuant to Garrett Motion Inc.'s ("the Company") chapter 11 plan of reorganization (the "Plan"). The Plan was confirmed by an order of the United States Bankruptcy Court for the Southern District of New York entered on April 26, 2021 and became effective on April 30, 2021.
Represents the issuance of 9,190 shares of common stock to effect the reinstatement of the reporting person's cancelled shares of common stock pursuant to the Plan.
Represents the acquisition of 9,190 shares of Series A Cumulative Convertible Preferred Stock ("Series A Preferred Stock") of the Company for $5.25 per share pursuant to the exercise of subscription rights representing the right to buy Series A Preferred Stock issued to the reporting person under the Plan. The Series A Preferred Stock is convertible into shares of the Company's common stock on a one-to-one basis on dates specified in the Certificate of Designation. The Series A Preferred Stock is perpetual and therefore has no expiration date.
The reporting person resigned as a director of Garrett Motion Inc. (the "Company") effective April 30, 2021. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the securities of the Company and therefore will no longer report any such transactions on Form 4 and Form 5.
/s/ Jerome Maironi, Attorney-in-Fact
2021-05-04