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Leonardo DRS, Inc. — Director's Dealing 2024
Dec 3, 2024
30527_dirs_2024-12-03_84849e09-1722-4c7c-a213-769e7138c79e.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: 2024-11-29
Reporting Person: Casey George (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-29 | Common Stock | M | 3572 | — | Acquired | 23882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-29 | Restricted Stock Unit | $ | M | 3572 | Disposed | Common Stock (3572) | Direct |
Footnotes
F1: Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2: Each RSU granted under the Issuer's 2022 Omnibus Equity Compensation Plan represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof and has no expiration date. The RSUs were granted to the Reporting Person in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger, dated June 21, 2022, by and among Leonardo DRS, Inc., RADA Electronic Industries Limited and Blackstart Ltd. One-half of the RSUs vested and settled in common stock on November 29, 2023 and the remaining one-half of the RSUs vested on November 29, 2024.