FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 10/20/2020 |
3. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 2,111,764 | I | See Footnote(1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. These securities of Garrett Motion Inc. (the "Company") are beneficially owned by (a) Hawk Ridge Master Fund, L.P. ("Hawk Ridge"), as a result of its direct ownership of the securities, (b) Hawk Ridge Capital Management LP (the "Reporting Person"), as a result of being the investment manager of Hawk Ridge, (c) Hawk Ridge Management LLC ("Hawk Ridge GP"), as a result of being the sole general partner of Hawk Ridge, (d) Hawk Ridge Capital Management GP, LLC ("General Partner"), as a result of being the sole general partner of the Reporting Person, and (e) David Brown, as a result of being the manager of the Hawk Ridge GP and the General Partner. |
Remarks: |
The Reporting Person may be deemed to be a member of a group (for purposes of Rule 13d-3 under the Securities Exchange Act of 1934) with the other shareholders of the Company party to the Amended and Restated Coordination Agreement, dated October 20, 2020, filed as Exhibit II to Oaktree Capital Management, L.P.'s Amendment No. 2 to Schedule 13D filed on October 20, 2020. The Reporting Person disclaims beneficial ownership of any securities reported by any other person except to the extent of its pecuniary interest therein. |
Hawk Ridge Capital Management, L.P., By: Hawk Ridge Capital Management GP, LLC, Its: General Partner, By: /s/ David Bradley, David Bradley, COO, CFO, CCO | 10/23/2020 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |