ERIC SALZMAN - 01 Jun 2024 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role
Director
Signature
/s/ Katherine A. Krebel, Attorney-in-Fact
Issuer symbol
DRS
Transactions as of
01 Jun 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2024, 16:25:30 UTC
Previous filing
17 May 2024
Next filing
12 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRS Common Stock Options Exercise $0 +9,785 +141% $0.000000 16,739 01 Jun 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRS Restricted Stock Unit Options Exercise $0 -9,785 -100% $0.000000* 0 01 Jun 2024 Common Stock 9,785 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan as part of the equity component of the Reporting Person's annual retainer fee and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs vested on June 1, 2024.