SEC Form 4 · accession 0000921895-19-000596
AEROJET ROCKETDYNE HOLDINGS, INC. · AJRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Warren G Lichtenstein
Officer — Executive Chairman · Director
Period of report
Feb 26, 2019
Accepted (ET)
Feb 26, 2019 · 7:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040888
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.10 | Feb 26, 2019 | M | 6,000 | $2.39 | A | 35,148 | D | |
| Common Stock, Par Value $0.10 | Feb 26, 2019 | D | 6,000 | $37.25 | D | 29,148 | D | |
| Common Stock, Par Value $0.10 | Feb 26, 2019 | M | 13,619 | $6.82 | A | 42,767 | D | |
| Common Stock, Par Value $0.10 | Feb 26, 2019 | D | 13,619 | $37.25 | D | 29,148 | D | |
| Common Stock, Par Value $0.10F1 | holding | — | — | — | 60,546 | I | By Steel Partners, Ltd. | |
| Common Stock, Par Value $0.10 | holding | — | — | — | 465,931 | I | By Rabbi Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $2.39 | Feb 26, 2019 | M | 6,000 | D | — | Mar 25, 2019 | Common Stock | 6,000 | 0 | D |
| Stock Appreciation RightF3 | $6.82 | Feb 26, 2019 | M | 13,619 | D | — | Mar 28, 2019 | Common Stock | 13,619 | 0 | D |
Explanation of responses
- F1Mr. Lichtenstein, as the Chief Executive Officer and a control person of Steel Partners, Ltd. ("SPL"), may be deemed to beneficially own the shares of common stock owned directly by SPL. Mr. Lichtenstein disclaims beneficial ownership of the shares of common stock of the Company owned directly by SPL except to the extent of his pecuniary interest therein.
- F2The stock appreciation right vested in 50% increments on September 25, 2009 and March 25, 2010.
- F3The stock appreciation right vested in 50% increments on September 28, 2012 and March 28, 2013.