MARY E. GALLAGHER - 01 Jun 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
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:54:16 UTC
Previous filing
16 May 2023
Next filing
04 Oct 2023

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 +9,785 $0.000000 9,785 01 Jun 2023 Common Stock 9,785 Direct F1, F2
* 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") represents a contingent right to receive one share of the common stock of the Issuer.
F2 The RSUs were granted on June 1, 2023, under the Issuer's 2022 Omnibus Equity Compensation Plan. The RSUs will vest on June 1, 2024, subject to the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.