SEC Form 4 · accession 0001127602-15-022903
AEROJET ROCKETDYNE HOLDINGS, INC. · AJRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Corcoran
Director
Period of report
Jul 15, 2015
Accepted (ET)
Jul 16, 2015 · 11:51 am EDT
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 StockF1,F2 | Apr 22, 2015 | G | 4,453 | $0.00 | D | 76,241 | I | Thomas A. Corcoran TTEE U/A DTD 07/16/2001 |
| Common StockF3 | Jul 15, 2015 | A | 571 | $0.00 | A | 6,837 | D | |
| Common StockF4 | Jul 15, 2015 | A | 285 | $0.00 | A | 7,122 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares have been gifted to Stevens Institute of Technology.
- F23,693 shares that were previously reported as directly owned on the Reporting Person's Form 4 filed April 17, 2015 have been transferred to the Trust since that filing and are now being reported as indirectly owned.
- F3Effective 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.
- F4Pursuant 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.