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Leonardo DRS, Inc. — Director's Dealing 2023
May 11, 2023
30527_dirs_2023-05-11_5f6bddf5-1f3e-4bc3-9fb0-dc5e0b694adf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Leonardo DRS, Inc. (DRS)
CIK: 0001833756
Period of Report: 2023-03-15
Reporting Person: Wallace Sally (EVP, Business Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-15 | Common Stock | M | 9456 | — | Acquired | 9456 | Direct |
| 2023-03-15 | Common Stock | F | 3372 | $12.35 | Disposed | 6084 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-15 | Restricted Stock Unit | $ | M | 9456 | Disposed | Common Stock (9456.0) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third of the RSUs vested on March 15, 2023 and the remainder will vest one-third annually on each of March 15, 2024 and March 15, 2025, subject to the Reporting Person's continued employment with the Issuer through each date.
F2: Shares withheld by the Company to satisfy tax withholding requirements.