Eileen P. Drake - Oct 27, 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
Oct 27, 2022
Transactions value $
$0
Form type
4
Date filed
10/31/2022, 06:41 PM
Previous filing
Oct 12, 2022
Next filing
Dec 7, 2022

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 Units Disposed to Issuer -40K -100% 0 Oct 27, 2022 Common Stock 40K Direct F1, F2
transaction AJRD Restricted Stock Units Award $0 +35K $0.00 35K Oct 27, 2022 Common Stock 35K Direct 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 ("RSU") represents a contingent right to receive one share of Aerojet Rocketdyne Holdings, Inc. common stock.
F2 On August 15, 2022, the Issuer granted to the reporting person 40,000 RSUs, vesting 25% on August 15, 2023, 25% on August 15, 2024 and 50% on August 15, 2025. On October 27, 2022, the Organization & Compensation Committee of the Issuer's Board of Directors and the reporting person agreed to rescind the grant of RSUs in its entirety.
F3 The RSUs vest 25% on October 27, 2023, 25% on October 27, 2024 and 50% on October 27, 2025.