BAUPOST GROUP LLC/MA enters GARRETT MOTION INC. with 3.58M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 5/7/2021ACC: 0001567619-21-009311
3.58M
Baseline shares
0.00
Direct ownership
0 positions
28.45M
Derivative underlying
1 instrument
1
Security positions
3.58M indirect
Non-Derivative Holdings1
Common Stock
IndirectShares owned3.58M
Total
3.58M indirect3.58M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 3.58M | Indirect |
| Total | 3.58M | 3.58M indirect |
Derivative Holdings1
Series A Preferred Stock
IndirectUnderlying security
Common Stock, par value $0.001 per share
Underlying shares
28.45M
Shares owned
N/A
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
28.45M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series A Preferred Stock Indirect | Common Stock, par value $0.001 per share | — | — | 28.45M | N/A | |
| Total | 28.45M | 0.00 | ||||