Eric Salzman - May 15, 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
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 10:26 AM
Previous filing
May 4, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRS Common Stock Options Exercise $0 +6.95K $0.00 6.95K May 15, 2023 Direct

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 Options Exercise $0 -6.95K -100% $0.00* 0 May 15, 2023 Common Stock 6.95K 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 vested on May 15, 2023.