Deborah L. James - Feb 15, 2023 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
Director
Signature
/s/ Tony Shin, attorney-in-fact
Stock symbol
AJRD
Transactions as of
Feb 15, 2023
Transactions value $
$42,449
Form type
4
Date filed
2/17/2023, 07:57 PM
Previous filing
Nov 17, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Award $28.3K +504 $56.15 504 Feb 15, 2023 By Rabbi Trust F1, F2
transaction AJRD Common Stock Award $14.1K +252 +50% $56.15 756 Feb 15, 2023 By Rabbi Trust F2, F3
holding AJRD Common Stock 4K Feb 15, 2023 Direct F4
holding AJRD Common Stock 1.44K Feb 15, 2023 Deborah Lee James Living Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective March 24, 2010, the Board of Directors approved a Director Compensation Program which allows Directors to elect to receive Aerojet Rocketdyne Holdings, Inc. common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the common stock this Reporting Person is entitled to receive in lieu of their annual cash retainer fee paid quarterly.
F2 Shares of common stock held by a "rabbi trust" receipt of which has been deferred by the Reporting Person pursuant to the Aerojet Rocketdyne Holdings, Inc. Deferred Compensation Plan for Directors.
F3 Pursuant to the Director Compensation Program, if a Director elects to receive common stock in lieu of at least 50% of their cash compensation, the Company will grant restricted shares equal in value to 50% of the amount of cash compensation they elect to receive in common stock. Such restricted shares will vest on the earlier of (i) the date of the Director's retirement from the Board, and (ii) one year after the grant date. The number of shares of common stock shown reflects the grant of restricted shares.
F4 1,413 shares that were previously reported as directly owned on the Reporting Person's Form 4 filed November 17, 2022 have been transferred to the Deborah Lee James Living Trust and are now being reported as indirectly owned.