Eileen P. Paterson - 28 Jul 2023 Form 4 Insider Report for AEROJET ROCKETDYNE HOLDINGS, INC.

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

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock.

Footnote F4

Pursuant to the Merger Agreement, at the effective time of the Merger these RSUs were canceled and converted into the right to receive the Merger Consideration.

Footnote F5

Reflects an initial grant of 19,691 RSUs originally scheduled to vest in three equal annual installments beginning on February 28, 2023.

Footnote F6

These RSUs were originally scheduled to vest 25% on October 27, 2023, 25% on October 27, 2024 and 50% on October 27, 2025.

Footnote F7

These RSUs were originally scheduled to vest in three equal annual installments beginning on February 28, 2024.

Footnote F8

This award was canceled in the Merger in exchange for the right to receive, for each underlying share, a cash payment equal to the difference between the Merger Consideration and the exercise price of the award, less applicable tax withholding.