4//SEC Filing
Wallace Sally 4
Accession 0001127602-25-009986
CIK 0001833756other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 5:02 PM ET
Size
20.6 KB
Accession
0001127602-25-009986
Insider Transaction Report
Form 4
Wallace Sally
EVP, Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2025-03-17$33.13/sh−8,094$268,154→ 45,957 total - Exercise/Conversion
Common Stock
2025-03-17+23,949→ 54,051 total - Exercise/Conversion
Common Stock
2025-03-17+22,696→ 68,653 total - Exercise/Conversion
Common Stock
2025-03-17+9,457→ 68,081 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−22,696→ 0 total→ Common Stock (22,696 underlying) - Sale
Common Stock
2025-03-18$32.84/sh−8,353$274,313→ 55,160 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−23,949→ 0 total→ Common Stock (23,949 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-17−9,457→ 0 total→ Common Stock (9,457 underlying) - Tax Payment
Common Stock
2025-03-17$33.13/sh−10,029$332,261→ 58,624 total - Tax Payment
Common Stock
2025-03-17$33.13/sh−4,568$151,338→ 63,513 total
Footnotes (4)
- [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.
- [F4]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2024.
Documents
Issuer
Leonardo DRS, Inc.
CIK 0001833756
Entity typeother
Related Parties
1- filerCIK 0001849652
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 5:02 PM ET
- Size
- 20.6 KB