8-K
filed May 16, 2024, 7:59 PM ET
ticker DRS
CIK 0001833756
other material
confidence high
sentiment neutral
materiality 0.45
Leonardo DRS stockholders approve ESPP (2M shares) and amended equity plan at annual meeting
Leonardo DRS, Inc.
- ESPP authorized up to 2M shares; purchase price 90% of FMV on purchase date; payroll deductions up to 10% of compensation.
- Amended 2022 Omnibus Equity Compensation Plan approved; allows various equity awards for employees, directors, consultants.
- All 9 director nominees elected with >236M votes each; advisory say-on-pay passed with 250.5M for vs 0.8M against.
- Ratification of Ernst & Young as independent auditor for FY2024 approved with 255.2M votes for.
- ESPP and amended plan effective May 15, 2024; no material financial terms changed beyond share reserve.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Leonardo DRS, Inc. shareholders approved Approval of the Leonardo DRS, Inc. Employee Stock Purchase Plan at the 2024-05-15 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Approval of the Leonardo DRS, Inc. Employee Stock Purchase Plan 251,319,881 69,247 28,438 3,912,857
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Leonardo DRS, Inc. shareholders approved Approval of the Amendment and Restatement of the Leonardo DRS, Inc. 2022 Omnibus Equity Compensation Plan at the 2024-05-15 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Approval of the Amendment and Restatement of the Leonardo DRS, Inc. 2022 Omnibus Equity Compensation Plan 250,467,618 861,989 87,959 3,912,857
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Leonardo DRS, Inc. shareholders approved Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2024 at the 2024-05-15 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2024 255,204,772 67,207 58,444 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.85
Leonardo DRS, Inc. shareholders approved Election of Directors at the 2024-05-15 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Election of Directors Shares Voted For Shares Voted Against Withheld Broker Non-Votes William J. Lynn III 249,843,624 N/A 1,573,942 3,912,857 Frances F. Townsend 249,969,986 N/A 1,447,580 3,912,857 Gail S. Baker 250,761,350 N/A 656,216 3,912,857 Dr. Louis R. Brothers 250,768,672 N/A 648,894 3,912,857 David W. Carey 249,336,972 N/A 2,080,594 3,912,857 General George W. Casey, Jr. 250,763,399 N/A 654,167 3,912,857 Mary E. Gallagher 250,765,518 N/A 652,048 3,912,857 Kenneth J. Krieg 236,280,607 N/A 15,136,959 3,912,857 Eric Salzman 250,051,465 N/A 1,366,101 3,912,857
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Leonardo DRS, Inc. shareholders approved Advisory Resolution Regarding Compensation of the Company’s NEOs at the 2024-05-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-15
Exact text from the filing
Advisory Resolution Regarding Compensation of the Company’s NEOs 250,541,067 755,296 121,203 3,912,857
View on SEC.gov
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