SEC Form 4 · accession 0001127602-15-029230
AEROJET ROCKETDYNE HOLDINGS, INC. · AJRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Turchin
Director
Period of report
Oct 15, 2015
Accepted (ET)
Oct 19, 2015 · 12:08 pm 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 | Oct 15, 2015 | A | 822 | $0.00 | A | 81,083 | D | |
| Common StockF2 | Oct 15, 2015 | A | 411 | $0.00 | A | 81,494 | D | |
| Common Stock | holding | — | — | — | 23,544 | I | By Rabbi Trust | |
| Common Stock | holding | — | — | — | 1,000 | I | Coulter Turchin Trust | |
| Common Stock | holding | — | — | — | 7,500 | I | Martin Turchin IRA Rollover | |
| Common Stock | holding | — | — | — | 3,000 | I | Peter Turchin Trust | |
| Common Stock | holding | — | — | — | 1,000 | I | Tyler Turchin Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective 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.
- F2Pursuant 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.