Eileen P. Drake - Aug 11, 2022 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
CEO and President, Director
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Stock symbol
AJRD
Transactions as of
Aug 11, 2022
Transactions value $
-$2,408,235
Form type
4
Date filed
8/15/2022, 06:32 PM
Previous filing
Jul 6, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Sale -$1.65M -39.7K -15.65% $41.60 214K Aug 11, 2022 EPD 2018 Trust Dated August 7, 2018 F1
transaction AJRD Common Stock Options Exercise -$211K -13.2K -14.85% $15.98 75.6K Aug 11, 2022 Direct
transaction AJRD Common Stock Disposed to Issuer -$545K -13.2K -17.44% $41.36 62.4K Aug 11, 2022 Direct

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 Stock Appreciation Right Options Exercise $0 -13.2K -100% $0.00* 0 Aug 11, 2022 Common Stock 13.2K $15.98 Direct
transaction AJRD Restricted Stock Units Award $0 +40K $0.00 40K Aug 15, 2022 Common Stock 40K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.56 to $41.71, inclusive. The reporting person undertakes to provide to the issuer, any securityholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth above.
F2 Each restricted stock unit represents a contingent right to receive one share of Aerojet Rocketdyne Holdings, Inc. common stock.
F3 The restricted stock units vest 25% on August 15, 2023, 25% on August 15, 2024 and 50% on August 15, 2025.