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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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1. Title of Derivative Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Represents shares withheld by Garrett Motion Inc. (the "Issuer") for payment of the tax liability incurred upon the vesting of restricted stock units ("RSUs") granted on May 26, 2021, February 17, 2023, March 5, 2024, and March 5, 2025, as a result of the reporting person's retirement from the Issuer. | |
Reflects the forfeiture of an aggregate of 30,033 RSUs as a result of the reporting person's retirement from the Issuer. | |
Remarks: Former SVP, Strat, Bus Dev & Adv Tech // Exhibit 24.1 - Power of Attorney |
Signatures | ||
/s/ Pierre Barthelet, by Patrick Foley as Attorney-in-Fact | 06/03/2025 | |
** 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 4 (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. |
EXHIBIT 24.1
LIMITED POWER OF ATTORNEY
I am a director or officer of Garrett Motion Inc. (the “Company”) and as such I am required to file with the U.S. Securities and Exchange Commission (“SEC”) Forms 3, 4, and 5 under Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), and the rules promulgated by the SEC under Section 16, and Form 144 under Rule 144 promulgated by the SEC under the Securities Act of 1933, as amended (“Rule 144”).
I appoint each of Olivier Rabiller, Sean Deason, Jerome Maironi, and Patrick Foley as my attorney- in-fact to:
1. | Do anything on my behalf that may be necessary or desirable to prepare, complete, and file Forms 3, 4, 5, or 144, or any amendment to those forms, on a timely basis; |
2. | Execute such forms or any amendments to those forms for me in my name and file such forms and amendments with the SEC and any stock exchange or similar authority as required by law or rule on my behalf; and |
3. | Take all actions in connection with those forms or amendments that may be legally required or appropriate, in the opinion of the attorney-in-fact taking the action. |
I give each attorney-in-fact the power and authority to do anything that is required or appropriate in using his or her powers as attorney-in-fact to the extent that I could act if I were personally present, with full power of substitution and re-substitution. I agree to everything that these attorneys-in-fact (including any substitutes for them) do under this Power of Attorney that is consistent with its terms.
I acknowledge that complying with Section 16 and Rule 144 as they apply to me is my responsibility and that neither the Company nor any of these attorneys-in-fact is assuming my responsibilities in that regard.
This Power of Attorney will remain in effect until I am no longer required to make filings under Section 16 or Rule 144, unless I inform these attorneys-in-fact in writing that I have revoked this Power of Attorney, which I can do at any time. A photocopy of this signed original shall be deemed to be, and should be accepted as, an original.
By: | /s/ Pierre Barthelet | ||
Name: | Pierre Barthelet | ||
Date: | February 12, 2025 |