Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DRS | Common Stock | Options Exercise | $0 | +13.5K | $0.00 | 13.5K | Mar 15, 2023 | Direct | F1 | |
transaction | DRS | Common Stock | Tax liability | -$52.6K | -4.26K | -31.5% | $12.35 | 9.25K | Mar 15, 2023 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DRS | Restricted Stock Unit | Options Exercise | $0 | -13.5K | -33.33% | $0.00 | 27K | Mar 15, 2023 | Common Stock | 13.5K | Direct | F1 |
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. 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. |
F2 | Shares withheld by the Company to satisfy tax withholding requirements. |
This Form 4 is being filed late due to inadvertent administrative error.