Tina Pierce, a director of Garrett Motion Inc., just received 4,274 restricted shares from the company. The restricted shares don't become available to Pierce until such time as they become vested. Pierce now owns at least 4,274 restricted shares of the company.
Some additional info was provided as follows:
Represents a grant of restricted stock units under the Garret Motion Inc. 2021 Long-Term Incentive Plan.
Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Garrett Motion Inc.
The restricted stock units vest in full on the first anniversary of the date of grant, subject to the reporting person's continued service.
The above information was dis closed in a filing to the SEC. To see the filing, click here.
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