4//SEC Filing
Morrow Pamela 4
Accession 0001127602-25-009988
CIK 0001833756other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 5:05 PM ET
Size
20.6 KB
Accession
0001127602-25-009988
Insider Transaction Report
Form 4
Morrow Pamela
SVP and Controller
Transactions
- Exercise/Conversion
Common Stock
2025-03-17+8,553→ 21,118 total - Sale
Common Stock
2025-03-18$32.84/sh−8,854$290,765→ 17,335 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−8,106→ 0 total→ Common Stock (8,106 underlying) - Exercise/Conversion
Common Stock
2025-03-17+8,106→ 26,398 total - Exercise/Conversion
Common Stock
2025-03-17+3,378→ 27,244 total - Exercise/Conversion
Performance Restricted Stock Unit
2025-03-17−8,553→ 0 total→ Common Stock (8,553 underlying) - Tax Payment
Common Stock
2025-03-17$33.13/sh−1,055$34,952→ 26,189 total - Tax Payment
Common Stock
2025-03-17$33.13/sh−2,826$93,625→ 18,292 total - Tax Payment
Common Stock
2025-03-17$33.13/sh−2,532$83,885→ 23,866 total - Exercise/Conversion
Restricted Stock Unit
2025-03-17−3,378→ 0 total→ Common Stock (3,378 underlying)
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 0001849659
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 5:05 PM ET
- Size
- 20.6 KB