Centerbridge Special Credit Partners III-Flex, L.P. - Feb 25, 2025 Form 4 Insider Report for Garrett Motion Inc. (GTX)

Role: 10%+ Owner
Signature: CENTERBRIDGE SPECIAL CREDIT PARTNERS III-FLEX, L.P. By: CSCP III Cayman GP Ltd., its general partner, by /s/ Susanne V. Clark
Stock symbol: GTX
Transactions as of: Feb 25, 2025
Transactions value $: -$7,352,545
Form type: 4
Date filed: 2/27/2025, 05:00 PM
Previous filing: Dec 17, 2024
Next filing: Mar 3, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTX	Common Stock	Sale	-$688K	-69.3K	-0.28%	$9.94	24.8M	Feb 25, 2025	See footnotes	F1
transaction	GTX	Common Stock	Sale	-$187K	-18.8K	-0.18%	$9.94	10.4M	Feb 25, 2025	See footnotes	F2
transaction	GTX	Common Stock	Sale	-$2.1M	-211K	-0.85%	$9.93	24.6M	Feb 26, 2025	See footnotes	F1
transaction	GTX	Common Stock	Sale	-$884K	-89K	-0.86%	$9.93	10.3M	Feb 26, 2025	See footnotes	F2
transaction	GTX	Common Stock	Sale	-$2.46M	-248K	-1.01%	$9.93	24.3M	Feb 26, 2025	See footnotes	F1
transaction	GTX	Common Stock	Sale	-$1.04M	-104K	-1.01%	$9.93	10.2M	Feb 26, 2025	See footnotes	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	CSCP III Cayman GP Ltd. ("CSCP III Cayman GP") is the general partner of Centerbridge Special Credit Partners General Partner III, L.P., which is the general partner of Centerbridge Special Credit Partners III-Flex, L.P. ('SC III-Flex"), and may be deemed to share beneficial ownership over the shares of Common Stock held of record by SC III-Flex. As the director of CSCP III Cayman GP, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by SC III-Flex. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by SC III-Flex, except to the extent of any proportionate pecuniary interest therein.
F2	Centerbridge Credit GP Investors, L.L.C. ("Credit GP Investors") is the sole director of Centerbridge Credit Cayman GP, Ltd., which is the general partner of Centerbridge Credit Partners Offshore General Partner, L.P., which is the general partner of Centerbridge Credit Partners Master, L.P. ("Credit Partners Master"), and may be deemed to share beneficial ownership over the shares of Common Stock held of record by Credit Partners Master. As the managing member of Credit GP Investors, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by Credit Partners Master. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by Credit Partners Master, except to the extent of any proportionate pecuniary interest therein.

Content

CSCP III Cayman GP Ltd. ("CSCP III Cayman GP") is the general partner of Centerbridge Special Credit Partners General Partner III, L.P., which is the general partner of Centerbridge Special Credit Partners III-Flex, L.P. ('SC III-Flex"), and may be deemed to share beneficial ownership over the shares of Common Stock held of record by SC III-Flex. As the director of CSCP III Cayman GP, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by SC III-Flex. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by SC III-Flex, except to the extent of any proportionate pecuniary interest therein.

Centerbridge Credit GP Investors, L.L.C. ("Credit GP Investors") is the sole director of Centerbridge Credit Cayman GP, Ltd., which is the general partner of Centerbridge Credit Partners Offshore General Partner, L.P., which is the general partner of Centerbridge Credit Partners Master, L.P. ("Credit Partners Master"), and may be deemed to share beneficial ownership over the shares of Common Stock held of record by Credit Partners Master. As the managing member of Credit GP Investors, Jeffrey H. Aronson may be deemed to share beneficial ownership with respect to the shares held of record by Credit Partners Master. Such persons and entities expressly disclaim beneficial ownership of the shares held of record by Credit Partners Master, except to the extent of any proportionate pecuniary interest therein.

Remarks:

The Reporting Persons are jointly filing this Form 4. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any or all of the reported securities for purposes of Section 16 or for any other purpose.