Joseph E. Chontos - 15 Dec 2022 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC.

Role
Vice President, General Counsel and Corporate Secretary
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Issuer symbol
N/A
Transactions as of
15 Dec 2022
Net transactions value
-$456,919
Form type
4
Filing time
19 Dec 2022, 20:15:55 UTC
Previous filing
07 Dec 2022
Next filing
06 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Options Exercise $0 +107 +1.1% $0.000000 9,676 15 Dec 2022 Direct F1
transaction AJRD Common Stock Options Exercise $0 +216 +2.2% $0.000000 9,892 15 Dec 2022 Direct F2
transaction AJRD Common Stock Options Exercise $0 +363 +3.7% $0.000000 10,255 15 Dec 2022 Direct F3
transaction AJRD Common Stock Options Exercise $0 +4,000 +39% $0.000000 14,255 15 Dec 2022 Direct F4
transaction AJRD Common Stock Options Exercise $0 +4,657 +33% $0.000000 18,912 15 Dec 2022 Direct F5
transaction AJRD Common Stock Award $0 +1,390 +7.3% $0.000000 20,302 15 Dec 2022 Direct F6
transaction AJRD Common Stock Award $0 +1,944 +9.6% $0.000000 22,246 15 Dec 2022 Direct F7
transaction AJRD Common Stock Award $0 +2,182 +9.8% $0.000000 24,428 15 Dec 2022 Direct F8
transaction AJRD Common Stock Tax liability $456,919 -8,390 -34% $54.46 16,038 15 Dec 2022 Direct F9

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 -107 -100% $0.000000* 0 15 Dec 2022 Common Stock 107 Direct F1, F10
transaction AJRD Restricted Stock Unit Options Exercise $0 -216 -100% $0.000000* 0 15 Dec 2022 Common Stock 216 Direct F2, F10
transaction AJRD Restricted Stock Unit Options Exercise $0 -363 -100% $0.000000* 0 15 Dec 2022 Common Stock 363 Direct F3, F10
transaction AJRD Restricted Stock Unit Options Exercise $0 -4,000 -100% $0.000000* 0 15 Dec 2022 Common Stock 4,000 Direct F4, F10
transaction AJRD Restricted Stock Unit Options Exercise $0 -4,657 -100% $0.000000* 0 15 Dec 2022 Common Stock 4,657 Direct F5, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 2, 2020, the Reporting Person was granted 319 restricted stock units ("RSUs"), vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris Technologies, Inc. ("L3Harris") as reported on the Issuer's Form 8-K filed on December 19, 2022 (the "Form 8-K"), vesting of the Reporting Person's RSUs that would have vested on March 2, 2023 was accelerated, as previously approved by the Organization & Compensation Committee of the Issuer's Board of Directors (the "Committee").
F2 On March 1, 2021, the Reporting Person was granted 324 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on March 1, 2023 and 2024 was accelerated, as previously approved by the Committee.
F3 On December 21, 2021, the Reporting Person was granted 363 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on December 21, 2022, 2023 and 2024 was accelerated, as previously approved by the Committee.
F4 On April 21, 2022, the Reporting Person was granted 4,000 RSUs, vesting in two equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on April 21, 2023 and 2024 was accelerated, as previously approved by the Committee.
F5 On September 7, 2022, the Reporting Person was granted 4,657 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on September 7, 2023, 2024 and 2025 was accelerated, as previously approved by the Committee.
F6 On March 2, 2020, the Reporting Person was granted 1,918 RSUs, vesting upon the achievement of certain performance targets for FY2023. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on March 2, 2023 was accelerated at 145% of the performance target, as previously approved by the Committee.
F7 On March 1, 2021, the Reporting Person was granted 1,944 RSUs, vesting upon the achievement of certain performance targets for FY2024. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K vesting of the Reporting Person's RSUs that would have vested on March 1, 2024 was accelerated at 200% of the target, as previously approved by the Committee.
F8 On December 21, 2021, the Reporting Person was granted 2,182 RSUs, vesting upon the achievement of certain performance targets for FY2025. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on February 28, 2025 was accelerated at 200% of the target, as previously approved by the Committee.
F9 Shares relinquished to pay withholding taxes payable in connection with the vesting of RSUs granted to the Reporting Person on March 2, 2020, March 1, 2021, December 21, 2021, April 21, 2022 and September 7, 2022.
F10 Each RSU represents a contingent right to receive one share of Aerojet Rocketdyne Holdings, Inc. common stock.

Remarks:

Vice President, General Counsel and Corporate Secretary