0001127602-24-010586.txt : 20240319 0001127602-24-010586.hdr.sgml : 20240319 20240319152553 ACCESSION NUMBER: 0001127602-24-010586 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240315 FILED AS OF DATE: 20240319 DATE AS OF CHANGE: 20240319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Baylouny John CENTRAL INDEX KEY: 0001397134 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41565 FILM NUMBER: 24762703 MAIL ADDRESS: STREET 1: C/O OCEAN POWER TECHNOLOGIES, INC. STREET 2: 1590 REED ROAD CITY: PENNINGTON STATE: NJ ZIP: 08534 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Leonardo DRS, Inc. CENTRAL INDEX KEY: 0001833756 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 132632319 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2345 CRYSTAL DRIVE STREET 2: SUITE 1000 CITY: ARLINGTON STATE: VA ZIP: 22202 BUSINESS PHONE: (703) 416-8000 MAIL ADDRESS: STREET 1: 2345 CRYSTAL DRIVE STREET 2: SUITE 1000 CITY: ARLINGTON STATE: VA ZIP: 22202 4 1 form4.xml PRIMARY DOCUMENT X0508 4 2024-03-15 0001833756 Leonardo DRS, Inc. DRS 0001397134 Baylouny John C/O LEONARDO DRS, INC. ARLINGTON VA 22202 1 EVP and COO 0 Common Stock 2024-03-15 4 M 0 16464 0 A 27839 D Common Stock 2024-03-15 4 F 0 5044 21.97 D 22795 D Restricted Stock Unit 2024-03-15 4 M 0 16464 0 D Common Stock 16464 16465 D Each restricted stock unit ("RSU") was granted under the Issuer's 2022 Omnibus Equity Compensation Plan and represents a contingent right to receive one share of the common stock of the Issuer or the cash equivalent thereof. One-third each of the RSUs vested on each of March 15, 2023 and March 15, 2024. The remaining one-third will vest on March 15, 2025, subject to the Reporting Person's continued employment with the Issuer through each date. Shares withheld by the Company to satisfy tax withholding requirements. /s/ Katherine A. Krebel, Attorney-in-Fact 2024-03-19