Audrey A. McNiff - May 17, 2021 Form 4/A - Amendment Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
Director
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Stock symbol
AJRD
Transactions as of
May 17, 2021
Transactions value $
$38,523
Form type
4/A - Amendment
Date filed
6/25/2021, 04:49 PM
Date Of Original Report
May 19, 2021
Next filing
Aug 18, 2021

Transactions Table

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
* 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 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.