Michael Dippold - 18 Apr 2023 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Reporting relationship: EVP and CFO
Issuer ticker: DRS
Reported as of: 18 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Apr 2023, 12:40:06 UTC
Prior SEC filing: 11 May 2023
Next SEC filing: 19 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Katherine Krebel, Attorney-in-Fact

Key filing fact

Michael Dippold filed Form 4 for Leonardo DRS, Inc. (DRS) on 20 Apr 2023.

Key facts

This page summarizes Michael Dippold's Form 4 filing for Leonardo DRS, Inc. (DRS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 20 Apr 2023, 12:40.

Change

Previous filing in this sequence was filed on 11 May 2023.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRS transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +31,080
Change %
Price: $0.000000
Shares after: 31,080
Date: 18 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,080
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 1 footnote

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. The RSUs are scheduled to vest one-third annually on each of April 1, 2024, 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.