Honeywell International Inc - Jun 12, 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.
Stock symbol
GTX
Transactions as of
Jun 12, 2023
Transactions value $
$0
Form type
4
Date filed
6/14/2023, 09:39 PM
Next filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTX Common Stock Conversion of derivative security +4.2M +144.9% 7.09M Jun 12, 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 -4.2M -100% 0 Jun 12, 2023 Common Stock 4.2M 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.