Key facts
- This page summarizes Michael Dippold's Form 4 filing for Leonardo DRS, Inc. (DRS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Apr 2024, 18:19.
Michael Dippold - 01 Apr 2024 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)
- Reporting relationship
- EVP and CFO
- Issuer ticker
- DRS
- Reported as of
- 01 Apr 2024
- Net transaction value
- -$67,121
- SEC form
- 4
- Accepted by SEC
- 03 Apr 2024, 18:19:58 UTC
- Prior SEC filing
- 19 Mar 2024
- Next SEC filing
- 08 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Katherine A. Krebel, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Dippold filed Form 4 for Leonardo DRS, Inc. (DRS) on 03 Apr 2024.
Change
- Previous filing in this sequence was filed on 19 Mar 2024.
- Current net transaction value: -$67,121.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +10,360
- Change %
- +56%
- Price
- $0.000000
- Shares after
- 28,934
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
DRS
transaction
Common Stock
Tax liability
- Transaction value
- $67,121
- Shares
- -3,119
- Change %
- -11%
- Price
- $21.52
- Shares after
- 25,815
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRS
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -10,360
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 20,720
- Date
- 01 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 10,360
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote 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 RSU's vested on April 1, 2024. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2025 and April 1, 2026, subject to the Reporting Person's continued employment with the Issuer through each date. The number of RSUs that vest on each of April 1, 2024 and April 1, 2025 shall be rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on April 1, 2026.
Footnote F2
Shares withheld by the Company to satisfy tax withholding requirements.