John Baylouny - May 8, 2024 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Signature
/s/ Katherine A. Krebel, Attorney-in-Fact
Stock symbol
DRS
Transactions as of
May 8, 2024
Transactions value $
$0
Form type
4
Date filed
5/8/2024, 05:40 PM
Previous filing
Apr 3, 2024

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 Award $0 +25K $0.00 25K May 8, 2024 Common Stock 25K 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, and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The RSUs are scheduled to vest one-third annually on each of April 1, 2025, April 1, 2026 and April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through each date.