Thomas A. Corcoran - Nov 15, 2021 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
Director
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Stock symbol
AJRD
Transactions as of
Nov 15, 2021
Transactions value $
$27,250
Form type
4
Date filed
11/17/2021, 03:49 PM
Previous filing
Jul 15, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Award $18.2K +417 +10.17% $43.60 4.52K Nov 15, 2021 Direct F1
transaction AJRD Common Stock Award $9.07K +208 +4.6% $43.60 4.73K Nov 15, 2021 Direct F2
holding AJRD Common Stock 102K Nov 15, 2021 Thomas A. Corcoran TTEE U/A DTD 07/16/2001 F3
* 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 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.
F3 Includes 2,631 shares of common stock formerly directly owned by the Reporting Person that were transferred to the Thomas A. Corcoran trust since the filing of the Reporting Person's Form 4 filed on August 18, 2021.