Cyrus Capital Partners, L.P.'s Form 4 filing

Garrett Motion Inc. (GTX) · filed Dec 14, 2023

Accession no.: 0000902664-23-005869
Filed: Dec 14, 2023, 4:15 PM ET
Trade date: Dec 12-13, 2023
Filing delay: 2 days
Rule 10b5-1 plan: Not checked

Original on SEC EDGAR (opens in a new tab)

This filing lists 2 non-derivative transactions. Open-market sales total $15.4M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
Owner	Relationship to the company
Cyrus Capital Partners, L.P.CIK 0001166564	10% Owner
Cyrus Capital Partners GP, LLCCIK 0001166774	10% Owner
Freidheim Stephen CCIK 0001251783	10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade date	Security	Transaction	Shares	Price	Value	Shares after	Ownership	Flags
Dec 12, 2023	Common Stock	SSaleDisposed	−1,698,989	$8.34^F1	−$14,164,301.39	29,703,344	Indirect
Dec 13, 2023	Common Stock	SSaleDisposed	−146,200	$8.30^F2	−$1,213,913.22	29,557,144	Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.29 to $8.43, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.30 to $8.355, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)