McNiff Audrey A. 4
4 · AEROJET ROCKETDYNE HOLDINGS, INC. · Filed Feb 17, 2021
Insider Transaction Report
Form 4
McNiff Audrey A.
Director
Transactions
- Award
Common Stock
2021-02-16$52.17/sh+335$17,477→ 3,921 total(indirect: By Trust) - Award
Common Stock
2021-02-16$52.17/sh+167$8,712→ 4,088 total(indirect: By Trust)
Holdings
- 0
Common Stock
Footnotes (2)
- [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 her 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 her cash compensation, the Company will grant restricted shares equal in value to 50% of the amount of cash compensation she 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.