X0407 4 2023-06-13 true 0001735707 Garrett Motion Inc. GTX 0001061768 BAUPOST GROUP LLC/MA 10 ST JAMES AVE SUITE 1700 BOSTON MA 02116 true 0001738693 Baupost Group GP, L.L.C. 10 ST. JAMES AVENUE SUITE 1700 BOSTON MA 02116 true 0000899869 KLARMAN SETH A 10 ST. JAMES AVE. SUITE 1700 BOSTON MA 02116 true false Common Stock 2023-06-13 4 C 0 25462810 A 31195589 I See Footnotes Common Stock 2023-06-13 4 S 0 500000 8 D 30695589 I See Footnotes Common Stock 2023-06-14 4 S 0 3100000 7.73 D 27595589 I See Footnotes Common Stock 2023-06-15 4 S 0 1025000 7.55 D 26570589 I See Footnotes Series A Cumulative Convertible Preferred Stock 2023-06-13 4 C 0 25462810 A Common Stock 28120589 0 I See Footnotes This statement on Form 4 is being jointly filed by The Baupost Group, L.L.C. ("Baupost"), Baupost Group GP, L.L.C. ("Baupost GP"), and Seth A. Klarman ("Mr. Klarman") (collectively, the "Reporting Persons"). Baupost is a registered investment adviser. The principal business of Baupost is to act as an investment adviser to various private investment limited partnerships. Baupost GP, as the manager of Baupost, and Mr. Klarman, as the sole managing member of Baupost GP and a controlling person of Baupost, may be deemed to have beneficial ownership under Section 13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), of the securities beneficially owned by Baupost. Securities reported on this Form 4 as being beneficially owned by Baupost were purchased on behalf of certain of such partnerships. (Continued from footnote 1) The Reporting Persons disclaim beneficial ownership of the securities indicated except to the extent of their pecuniary interest therein, and the reporting herein of such securities shall not be construed as an admission that the Reporting Persons are the beneficial owners thereof for purposes of Section 16 of the Exchange Act or for any other purpose. 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.71 to $7.87. The Reporting Person undertakes to provide the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. Seth A. Klarman 2023-06-15 Seth A. Klarman 2023-06-15 Seth A. Klarman 2023-06-15