4//SEC Filing
Baylouny John 4
Accession 0001127602-25-009970
CIK 0001833756other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 4:47 PM ET
Size
19.0 KB
Accession
0001127602-25-009970
Insider Transaction Report
Form 4
Baylouny John
EVP and COO
Transactions
- Exercise/Conversion
Common Stock
2025-03-17+41,698→ 112,974 total - Exercise/Conversion
Common Stock
2025-03-17+39,514→ 138,093 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−39,514→ 0 total→ Common Stock (39,514 underlying) - Tax Payment
Common Stock
2025-03-17$33.13/sh−14,395$476,906→ 98,579 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−41,698→ 0 total→ Common Stock (41,698 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-17−16,465→ 0 total→ Common Stock (16,465 underlying) - Exercise/Conversion
Common Stock
2025-03-17+16,465→ 136,737 total - Tax Payment
Common Stock
2025-03-17$33.13/sh−17,821$590,410→ 120,272 total - Tax Payment
Common Stock
2025-03-17$33.13/sh−7,426$246,023→ 129,311 total
Footnotes (3)
- [F1]Each performance restricted stock unit ("PRSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan (the "Plan") and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The PRSUs were granted to the Reporting Person in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger, dated June 21, 2022, by and among Leonardo DRS, Inc., RADA Electronic Industries Limited and Blackstart Ltd (the "Merger"). The PRSUs vested on March 17, 2025.
- [F2]Shares withheld by the Company to satisfy tax withholding requirements.
- [F3]Each restricted stock unit ("RSU") was granted under the Plan and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. The final third of the RSUs vested on March 17, 2025.
Documents
Issuer
Leonardo DRS, Inc.
CIK 0001833756
Entity typeother
Related Parties
1- filerCIK 0001397134
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 4:47 PM ET
- Size
- 19.0 KB