Louis R. Brothers Jr - Feb 3, 2023 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role
Director
Signature
/s/ Katherine Krebel, Attorney-in-Fact
Stock symbol
DRS
Transactions as of
Feb 3, 2023
Transactions value $
$0
Form type
4
Date filed
2/6/2023, 04:00 PM
Previous filing
Jan 6, 2023
Next filing
May 16, 2023

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 +4.54K $0.00 4.54K Feb 3, 2023 Common Stock 4.54K 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 as part of the equity component of the Reporting Person's annual retainer fee, 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 on May 15, 2023, subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such date.

Remarks:

See Exhibit 24 - Power of Attorney