Lance W. Lord - 28 Jul 2023 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 Jul 2023, 17:31:01 UTC
Prior SEC filing
17 May 2023
Next SEC filing
04 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tony Shin, attorney-in-fact

Key filing fact

Lance W. Lord filed Form 4 for AEROJET ROCKETDYNE HOLDINGS, INC. on 31 Jul 2023.

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.

Change

  • Previous filing in this sequence was filed on 17 May 2023.
  • Current net transaction value: -$3,317,484.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AJRD transaction

Common Stock

Disposed to Issuer

Transaction value
$3,317,484
Shares
-57,198
Change %
-100%
Price
$58.00
Shares after
0
Date
28 Jul 2023
Ownership
By Rabbi Trust
Footnotes
F1, F2, F3
AJRD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
0
Date
28 Jul 2023
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

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.

Explanation of responses 3 footnotes

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).

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .