Joseph E. Chontos - Mar 2, 2023 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
Vice President, General Counsel and Corporate Secretary
Signature
/s/ Tony Shin, attorney-in-fact
Stock symbol
AJRD
Transactions as of
Mar 2, 2023
Transactions value $
-$1,912
Form type
4
Date filed
3/6/2023, 08:42 PM
Previous filing
Dec 19, 2022
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Award +59 +0.37% 16.1K Mar 2, 2023 Direct F1, F2
transaction AJRD Common Stock Tax liability -$1.91K -34 -0.21% $56.24 16.1K Mar 2, 2023 Direct
* 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 1,918 restricted stock units ("RSUs"), vesting upon the achievement of certain performance targets. On December 15, 2022, vesting of the Reporting Person's RSUs that would have vested on March 2, 2023 was accelerated at 145% of the performance target, as approved by the Organization & Compensation Committee of the Issuer's Board of Directors (the "Committee"). On February 27, 2023, the Committee certified achievement at 151.1% of the performance target and approved the vesting of additional RSUs.
F2 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