Warren G. Lichtenstein - 03 Mar 2022 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC.

Role: Executive Chariman, Director
Signature: By: /s/ Mario Marcon, Attorney-in-Fact for Warren G. Lichtenstein
Issuer symbol: N/A
Transactions as of: 03 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2022, 15:05:12 UTC
Previous filing: 04 Jan 2022
Next filing: 05 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AJRD	Common Stock, Par Value $0.10	Options Exercise		+5,803	+1.1%		526,695	03 Mar 2022	By Rabbi Trust	F1
holding	AJRD	Common Stock, Par Value $0.10						207,953	03 Mar 2022	Direct
holding	AJRD	Common Stock, Par Value $0.10						60,546	03 Mar 2022	By Steel Partners, Ltd.	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AJRD	Restricted Stock Unit	Options Exercise	$0	-5,803	-50%	$0.000000	5,803	03 Mar 2022	Common Stock, Par Value $0.10	5,803		By Rabbi Trust	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2	Mr. Lichtenstein, as the Chief Executive Officer and a control person of Steel Partners, Ltd. ("SPL"), may be deemed to beneficially own the shares of common stock owned directly by SPL. Mr. Lichtenstein disclaims beneficial ownership of the shares of common stock of the Company owned directly by SPL except to the extent of his pecuniary interest therein.
F3	On March 3, 2020, Mr. Lichtenstein was granted 17,409 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.