0001127602-24-012359.txt : 20240403
0001127602-24-012359.hdr.sgml : 20240403
20240403181627
ACCESSION NUMBER: 0001127602-24-012359
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240401
FILED AS OF DATE: 20240403
DATE AS OF CHANGE: 20240403
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: 24820632
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
2024-04-01
0001833756
Leonardo DRS, Inc.
DRS
0001397134
Baylouny John
C/O LEONARDO DRS, INC.
ARLINGTON
VA
22202
1
EVP and COO
0
Common Stock
2024-04-01
4
M
0
12626
0
A
35421
D
Common Stock
2024-04-01
4
F
0
4145
21.52
D
31276
D
Restricted Stock Unit
2024-04-01
4
M
0
12626
0
D
Common Stock
12626
25253
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 of the RSU's vested on April 1, 2024. The remaining RSUs are scheduled to vest one-third annually on each of April 1, 2025 and April 1, 2026, subject to the Reporting Person's continued employment with the Issuer through each date. The number of RSUs that vest on each of April 1, 2024 and April 1, 2025 shall be rounded down to the nearest whole number of RSUs and the remaining RSUs shall vest on April 1, 2026.
Shares withheld by the Company to satisfy tax withholding requirements.
/s/ Katherine A. Krebel, Attorney-in-Fact
2024-04-03