4//SEC Filing
SCHUMACHER JOHN D. 4
Accession 0000899243-22-039074
CIK 0000040888other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 9:19 PM ET
Size
17.3 KB
Accession
0000899243-22-039074
Insider Transaction Report
Form 4
SCHUMACHER JOHN D.
VP, Business Relations
Transactions
- Tax Payment
Common Stock
2022-12-15$54.46/sh−6,393$348,163→ 86,390 total - Exercise/Conversion
Restricted Stock Units
2022-12-15−809→ 0 total→ Common Stock (809 underlying) - Exercise/Conversion
Common Stock
2022-12-15+809→ 80,589 total - Exercise/Conversion
Common Stock
2022-12-15+1,640→ 82,229 total - Award
Common Stock
2022-12-15+10,554→ 92,783 total - Exercise/Conversion
Restricted Stock Units
2022-12-15−1,640→ 0 total→ Common Stock (1,640 underlying)
Holdings
- 2,521(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]On March 2, 2020, the Reporting Person was granted 2,426 restricted stock units ("RSUs"), vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris Technologies, Inc. ("L3Harris") as reported on the Issuer's Form 8-K filed on December 19, 2022 (the "Form 8-K"), vesting of the Reporting Person's RSUs that would have vested on March 2, 2023 was accelerated, as previously approved by the Organization & Compensation Committee of the Issuer's Board of Directors (the "Committee").
- [F2]On March 1, 2021, the Reporting Person was granted 2,459 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on March 1, 2023 and 2024 was accelerated, as previously approved by the Committee.
- [F3]On March 2, 2020, the Reporting Person was granted 14,558 RSUs, vesting upon the achievement of certain performance targets for FY2023. On December 15, 2022, in connection with the transaction with L3Harris as reported on the Form 8-K, vesting of the Reporting Person's RSUs that would have vested on March 2, 2023 was accelerated at 145% of the target, as previously approved by the Committee.
- [F4]Shares relinquished to pay withholding taxes payable in connection with the vesting of RSUs granted to the Reporting Person on March 2, 2020 and March 1, 2021.
- [F5]Shares held in the Aerojet Rocketdyne Retirement Savings Plan Trust (Plan Trust) as of December 16, 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.
- [F6]Each RSU represents a contingent right to receive one share of Aerojet Rocketdyne Holdings, Inc. common stock.
Documents
Issuer
AEROJET ROCKETDYNE HOLDINGS, INC.
CIK 0000040888
Entity typeother
Related Parties
1- filerCIK 0001584846
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 9:19 PM ET
- Size
- 17.3 KB