SEC Form 4 · accession 0001127602-18-017935
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
May 15, 2018
Accepted (ET)
May 17, 2018 · 5:33 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 | May 15, 2018 | A | 1,345 | $0.00 | A | 3,159 | D | |
| Common StockF2 | May 15, 2018 | A | 672 | $0.00 | A | 3,831 | D | |
| Common StockF3 | May 15, 2018 | A | 3,588 | $0.00 | A | 7,419 | D | |
| Common StockF4 | holding | — | — | — | 103,836 | I | Thomas A. Corcoran TTEE U/A DTD 07/16/2001 |
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.
- F3Grant 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.
- F43,033 shares that were previously reported as directly owned on the Reporting Person's Form 4 filed February 28, 2018 have been transferred to the Thomas A. Corcoran TTEE U/A DTD 07/16/2001 Trust since that filing and are now being reported as indirectly owned.