Eric Schoch - 15 Mar 2024 Form 4 Insider Report for NCR VOYIX Corp (VYX)

Signature
/s/ Kelli Sterrett, Attorney-in-Fact for Eric Schoch
Issuer symbol
VYX
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 21:04:27 UTC
Previous filing
27 Feb 2024
Next filing
15 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VYX Common Stock Disposed to Issuer -438 -0.55% 78,521 15 Mar 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VYX Restricted Stock Units Award +70,908 70,908 15 Mar 2024 Common Stock 70,908 $0.000000 Direct F2
transaction VYX Restricted Stock Units Disposed to Issuer -1,337 -6.5% 19,147 15 Mar 2024 Common Stock 1,337 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the Issuer's revision of financial statements for interim periods in 2023 as reported in the Issuer's Form 10-K filed on March 13, 2024, the Issuer determined that, based on the revisions, the reporting person would not have earned certain of the compensation that was issued to the reporting person when performance-based restricted stock units were converted into time-based restricted stock units in December 2023 in connection with the spin-off of NCR Atleos Corporation and based on certain performance conditions. As a result, 1,337 restricted stock units and 438 shares of common stock have been cancelled in accordance with the Issuer's clawback policy and are reported in this Form 4.
F2 Reflects a grant of restricted stock units that will vest in equal installments on each of the first three anniversaries of the grant date.
F3 Reflects balance of unvested restricted stock units that will vest on February 25, 2025.