Michael Dippold - 08 May 2024 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role: EVP and CFO
Signature: /s/ Katherine A. Krebel, Attorney-in-Fact
Issuer symbol: DRS
Transactions as of: 08 May 2024
Net transactions value: $0
Form type: 4
Filing time: 08 May 2024, 17:39:27 UTC
Previous filing: 03 Apr 2024
Next filing: 03 Dec 2024
SEC: View on sec.gov

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	Award	$0	+20,446		$0.000000	20,446	08 May 2024	Common Stock	20,446		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, 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, 2025, April 1, 2026 and April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through each date.

Content

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, 2025, April 1, 2026 and April 1, 2027, subject to the Reporting Person's continued employment with the Issuer through each date.