0001127602-25-010038.txt : 20250319
0001127602-25-010038.hdr.sgml : 20250319
20250319175403
ACCESSION NUMBER: 0001127602-25-010038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250317
FILED AS OF DATE: 20250319
DATE AS OF CHANGE: 20250319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lynn William III
CENTRAL INDEX KEY: 0001850774
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41565
FILM NUMBER: 25753910
MAIL ADDRESS:
STREET 1: C/O LEONARDO DRS, INC.
STREET 2: 2345 CRYSTAL DRIVE, SUITE 1000
CITY: ARLINGTON
STATE: VA
ZIP: 22202
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
2025-03-17
0001833756
Leonardo DRS, Inc.
DRS
0001850774
Lynn William III
C/O LEONARDO DRS, INC., 2345 CRYSTAL DR.
ARLINGTON
VA
22202
1
1
Chief Executive Officer
1
Common Stock
2025-03-17
4
M
0
153103
0
A
343040
D
Common Stock
2025-03-17
4
F
0
72198
33.13
D
270842
D
Common Stock
2025-03-17
4
M
0
145086
0
A
415928
D
Common Stock
2025-03-17
4
F
0
72689
33.13
D
343239
D
Common Stock
2025-03-17
4
M
0
60452
0
A
403691
D
Common Stock
2025-03-17
4
F
0
30287
33.13
D
373404
D
Common Stock
2025-03-18
4
S
0
45000
32.70
D
328404
D
Performance Restricted Stock Unit
2025-03-17
4
M
0
153103
0
D
Common Stock
153103
0
D
Performance Restricted Stock Unit
2025-03-17
4
M
0
145086
0
D
Common Stock
145086
0
D
Restricted Stock Unit
2025-03-17
4
M
0
60452
0
D
Common Stock
60452
0
D
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.
Shares withheld by the Company to satisfy tax withholding requirements.
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.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 27, 2024.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.83 - $33.20, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
/s/ Katherine A. Krebel, Attorney-in-Fact
2025-03-19