John D. Schumacher - Feb 28, 2022 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC. (AJRD)

Role
SVP, Washington Operations
Signature
/s/ Rebecca A. Bauer, attorney-in-fact
Stock symbol
AJRD
Transactions as of
Feb 28, 2022
Transactions value $
-$262,819
Form type
4
Date filed
3/2/2022, 05:32 PM
Previous filing
Dec 23, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJRD Common Stock Tax liability -$19.2K -495 -0.63% $38.75 78K Feb 28, 2022 Direct
transaction AJRD Common Stock Disposed to Issuer $0 -1.14K -1.46% $0.00 76.9K Feb 28, 2022 Direct
transaction AJRD Common Stock Tax liability -$213K -5.48K -7.13% $38.75 71.4K Feb 28, 2022 Direct
transaction AJRD Common Stock Options Exercise +819 +1.15% 72.2K Mar 1, 2022 Direct F1
transaction AJRD Common Stock Tax liability -$15.6K -395 -0.55% $39.52 71.8K Mar 1, 2022 Direct
transaction AJRD Common Stock Options Exercise +809 +1.13% 72.6K Mar 2, 2022 Direct F1
transaction AJRD Common Stock Tax liability -$15.5K -391 -0.54% $39.70 72.2K Mar 2, 2022 Direct
holding AJRD Common Stock 2.54K Feb 28, 2022 By Plan Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AJRD Restricted Stock Unit Options Exercise -819 -33.31% 1.64K Mar 1, 2022 Common Stock 819 Direct F1, F3
transaction AJRD Restricted Stock Unit Options Exercise -809 -50% 809 Mar 2, 2022 Common Stock 809 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Aerojet Rocketdyne Holdings, Inc. common stock.
F2 Shares held in the Aerojet Rocketdyne Retirement Savings Plan Trust (Plan Trust) as of February 25, 2022 which reflects the value in the participant's account as per the Plan Administrator's records. The number of shares reported is calculated by dividing the dollar value of the participant's account by the closing market price of the stock on the day reported above. This calculation yields only the approximate number of shares in the participant's account because the cash component in the Plan Trust (target 2%) is allocated to each participant's account on a pro rata basis, and the cash component varies based on overall activity of all participants in the Plan Trust. The number shown has been rounded down to the nearest whole number.
F3 The restricted stock units vested in three equal annual installments beginning on the first anniversary of the grant.