Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AJRD | Common Stock | Award | $25.7K | +544 | +108.37% | $47.21 | 1.05K | May 17, 2021 | Direct | F1, F2 |
transaction | AJRD | Common Stock | Award | $12.8K | +272 | +28.81% | $47.21 | 1.22K | May 17, 2021 | Direct | F3, F4 |
Id | Content |
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F1 | Effective March 24, 2010, the Board of Directors approved a Director Compensation Program which allows Directors to receive Aerojet Rocketdyne Holdings, Inc. common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the additional common stock received by this Reporting Person in lieu of her annual cash retainer fee paid quarterly. |
F2 | On May 17, 2021, the reporting person filed a Form 4 which inadvertently reported that she received 385 shares of common stock in lieu of her annual cash retainer fee paid quarterly. In fact, as reported in this amendment, the reporting person received 544 shares of common stock on May 17, 2021. |
F3 | Pursuant to the Director Compensation Program, if a Director elects to receive common stock in lieu of at least 50% of his cash compensation, the Company will grant restricted shares equal in value to 50% of the amount of cash compensation he elects 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 additional grant of restricted shares. |
F4 | On May 17, 2021, the reporting person filed a Form 4 which inadvertently reported that she received 192 shares of common stock in lieu of her annual cash retainer fee paid quarterly. In fact, as reported in this amendment, the reporting person received 272 shares of common stock on May 17, 2021. |