Key facts
- This page summarizes Lance W. Lord's Form 4 filing for AEROJET ROCKETDYNE HOLDINGS, INC..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 31 Jul 2023, 17:31.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
No transaction description listed
Additional SEC filing notes
Section 16 status
Lance W. Lord is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote 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").
Footnote F2
The number of shares reported includes previously-reported shares of restricted stock, which vested in full upon consummation of the Merger.
Footnote F3
On March 24, 2021, the Issuer paid a $5.00 per share special cash dividend to all stockholders of record at the close of business on March 10, 2021. Pursuant to the terms of the Rabbi Trust, vested shares of restricted stock as of the dividend date received the dividend in shares of Issuer common stock in lieu of cash. Accordingly, the reporting person received 3,689 shares of common stock exempt from reporting under Rule 16a-9(a).