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: 11 May 2023, 10:41.
Michael Dippold - 15 Mar 2023 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)
- Reporting relationship
- EVP and CFO
- Issuer ticker
- DRS
- Reported as of
- 15 Mar 2023
- Net transaction value
- -$52,562
- SEC form
- 4
- Accepted by SEC
- 11 May 2023, 10:41:10 UTC
- Prior SEC filing
- 30 Nov 2022
- Next SEC filing
- 20 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Katherine 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 11 May 2023.
Change
- Previous filing in this sequence was filed on 30 Nov 2022.
- Current net transaction value: -$52,562.
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
- +13,509
- Change %
- Price
- $0.000000
- Shares after
- 13,509
- Date
- 15 Mar 2023
- Ownership
- Direct
- Footnotes
- F1
DRS
transaction
Common Stock
Tax liability
- Transaction value
- $52,562
- Shares
- -4,256
- Change %
- -32%
- Price
- $12.35
- Shares after
- 9,253
- Date
- 15 Mar 2023
- 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
- -13,509
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 27,018
- Date
- 15 Mar 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,509
- 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 RSUs vested on March 15, 2023 and the remainder will vest one-third annually on each of March 15, 2024 and March 15, 2025, subject to the Reporting Person's continued employment with the Issuer through each date.
Footnote F2
Shares withheld by the Company to satisfy tax withholding requirements.
SEC remarks
This Form 4 is being filed late due to inadvertent administrative error.