AI assistant
Leonardo DRS, Inc. — Director's Dealing 2024
Mar 19, 2024
30527_dirs_2024-03-19_bec5f49a-1ec2-4ec0-b97d-4c74048c1dd3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Leonardo DRS, Inc. (DRS)
CIK: 0001833756
Period of Report: 2024-03-15
Reporting Person: Lynn William III (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 60453 | — | Acquired | 100593 | Direct |
| 2024-03-15 | Common Stock | F | 22699 | $21.97 | Disposed | 77894 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Restricted Stock Unit | $ | M | 60453 | Disposed | Common Stock (60453) | 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
each of the RSUs vested on each of March 15, 2023 and March 15, 2024. The remaining one-third will vest on 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.