ERIC SALZMAN - 16 May 2024 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role
Director
Signature
/s/ Katherine A. Krebel, Attorney-in-Fact
Issuer symbol
DRS
Transactions as of
16 May 2024
Net transactions value
$0
Form type
4
Filing time
17 May 2024, 17:09:04 UTC
Previous filing
19 Dec 2023
Next filing
04 Jun 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 +6,438 $0.000000 6,438 16 May 2024 Common Stock 6,438 Direct F1, F2
* 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") represents a contingent right to receive one share of the common stock of the Issuer.
F2 The RSUs were granted on May 16, 2024, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest in full on June 1, 2025, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.