ERIC SALZMAN - 15 May 2023 Form 4 Insider Report for Leonardo DRS, Inc. (DRS)

Role: Director
Signature: /s/ [Katherine Krebel], Attorney-in-Fact
Issuer symbol: DRS
Transactions as of: 15 May 2023
Net transactions value: $0
Form type: 4
Filing time: 16 May 2023, 10:26:07 UTC
Previous filing: 04 May 2023
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRS	Common Stock	Options Exercise	$0	+6,954		$0.000000	6,954	15 May 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	-6,954	-100%	$0.000000^*	0	15 May 2023	Common Stock	6,954		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.