LAYDEN DONALD W JR - 18 Nov 2021 Form 3 Insider Report for NCR CORP (VYX)

Role: EVP Pymt Grp & Hd Strgy & M&A
Signature: Laura J. Foltz, Attorney-in-Fact for Donald W. Layden, Jr.
Issuer symbol: VYX
Transactions as of: 18 Nov 2021
Net transactions value: $0
Form type: 3
Filing time: 19 Nov 2021, 15:33:14 UTC
Next filing: 25 Feb 2022
SEC: View on sec.gov

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							18 Nov 2021	Common Stock	42,361	$0.000000	Direct	F1
holding	NCR	Employee Stock Option (Right to Buy)							18 Nov 2021	Common Stock	185,471	$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.

Content

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.

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.