PERRY JAMES H 4
4 · AEROJET ROCKETDYNE HOLDINGS, INC. · Filed May 17, 2018
Insider Transaction Report
Form 4
PERRY JAMES H
Director
Transactions
- Award
Common Stock
2018-05-15+986→ 134,777 total - Award
Common Stock
2018-05-15+1,973→ 133,791 total - Award
Common Stock
2018-05-15+3,588→ 138,365 total
Footnotes (3)
- [F1]Effective March 24, 2010, the Board of Directors approved a Director Compensation Program which allows Directors to receive Aerojet Rocketdyne Holdings, Inc. common stock in lieu of their cash compensation. The number of shares of common stock shown reflects the common stock received by this Reporting Person in lieu of his annual cash retainer fee paid quarterly.
- [F2]Pursuant to the Director Compensation Program, if a Director elects to receive common stock in lieu of at least 50% of his cash compensation, the Company will grant restricted shares equal in value to 50% of the amount of cash compensation he elects to receive in common stock. Such restricted shares will vest on the earlier of (i) the date of the Director's retirement from the Board, and (ii) one year after the grant date. The number of shares of common stock shown reflects the grant of restricted shares.
- [F3]Grant to Reporting Person of restricted stock under the Aerojet Rocketdyne Holdings, Inc. 2018 Equity and Performance Incentive Plan. Such shares of restricted stock will vest in 50% increments on November 15, 2018 and May 15, 2019.