Deborah L. James - 28 Jul 2023 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC.

Role: Director
Signature: /s/ Tony Shin, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 28 Jul 2023
Net transactions value: -$548,448
Form type: 4
Filing time: 31 Jul 2023, 17:30:33 UTC
Previous filing: 17 May 2023
Next filing: 28 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Ownership	Footnotes
transaction	AJRD	Common Stock	Disposed to Issuer	$232,812	-4,014	-100%	$58.00	28 Jul 2023	By Rabbi Trust	F1, F2
transaction	AJRD	Common Stock	Disposed to Issuer	$136,474	-2,353	-100%	$58.00	28 Jul 2023	Direct	F1
transaction	AJRD	Common Stock	Disposed to Issuer	$179,162	-3,089	-100%	$58.00	28 Jul 2023	Deborah Lee James Living Trust	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Deborah L. James is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Under the terms of the Agreement and Plan of Merger, dated as of December 17, 2022 (the "Merger Agreement"), by and among L3Harris Technologies, Inc., Aquila Merger Sub Inc. and Aerojet Rocketdyne Holdings, Inc. (the "Issuer"), Aquila Merger Sub Inc. merged with and into the Issuer, with the Issuer surviving and becoming a wholly-owned subsidiary of L3Harris Technologies, Inc. (the "Merger"). At the effective time of the Merger, each issued and outstanding share of the Issuer's common stock was automatically canceled and converted into the right to receive $58.00 in cash per share, less applicable tax withholding (the "Merger Consideration").
F2	The number of shares reported includes previously-reported shares of restricted stock, which vested in full upon consummation of the Merger.

Content

Under the terms of the Agreement and Plan of Merger, dated as of December 17, 2022 (the "Merger Agreement"), by and among L3Harris Technologies, Inc., Aquila Merger Sub Inc. and Aerojet Rocketdyne Holdings, Inc. (the "Issuer"), Aquila Merger Sub Inc. merged with and into the Issuer, with the Issuer surviving and becoming a wholly-owned subsidiary of L3Harris Technologies, Inc. (the "Merger"). At the effective time of the Merger, each issued and outstanding share of the Issuer's common stock was automatically canceled and converted into the right to receive $58.00 in cash per share, less applicable tax withholding (the "Merger Consideration").

The number of shares reported includes previously-reported shares of restricted stock, which vested in full upon consummation of the Merger.