Form 4 for DRS Leonardo DRS, Inc.
Accepted 2023-05-11 00:00:00 ET · period of report 2023-03-15 · accession 0001628280-23-017450 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-11 | 2023-03-15 | DRS | Dippold Michael | EVP, CFO | F - Tax | $12.35 | -4,256 | 9,253 | -32% | -$52.6K |
| D | 2023-05-11 | 2023-03-15 | DRS | Dippold Michael | EVP, CFO | M - OptEx | $0.00 | +13.5K | 13.5K | New | $0 |
| D | 2023-05-11 | 2023-03-15 | DRS | Dippold Michael | EVP, CFO | M - OptEx | $0.00 | -13.5K | 27.0K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-15 | F | D | 4,256 | $12.35 | 9,253 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-15 | M | A | 13,509 | $0.00 | 13,509 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Unit | 2023-03-15 | M | D | 13,509 | $0.00 | 27,018 | D | — · — to — | 13,509 Common Stock | (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. |