Layden Donald W Jr - Nov 18, 2021 Form 3 Insider Report for NCR CORP (NCR)

Signature
Laura J. Foltz, Attorney-in-Fact for Donald W. Layden, Jr.
Stock symbol
NCR
Transactions as of
Nov 18, 2021
Transactions value $
$0
Form type
3
Date filed
11/19/2021, 03:33 PM
Next filing
Feb 25, 2022

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
holding NCR Restricted Stock Units Nov 18, 2021 Common Stock 42.4K $0.00 Direct F1
holding NCR Employee Stock Option (Right to Buy) Nov 18, 2021 Common Stock 185K $16.97 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are performance-based restricted stock units granted on February 23, 2021 as to which the performance-related conditions to vesting have been satisfied. These units will vest ratably, with 1/3 vesting on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the issuer on the applicable vesting dates, and in accordance with the terms and conditions of the applicable award agreement.
F2 These are options granted on July 1, 2020 that vest ratably, with 1/3 having already vested on July 1, 2021, and the remaining 2/3 vesting 50% on each of the second and third anniversaries of the grant date, subject to the reporting person's continued employment with the issuer on the applicable vesting dates, and in accordance with the terms and conditions of the applicable award agreement.