James Bedore - Dec 31, 2021 Form 4 Insider Report for NCR CORP (NCR)

Role
EVP, GC & Secy
Signature
Laura J. Foltz, Attorney-in-Fact for James Bedore
Stock symbol
NCR
Transactions as of
Dec 31, 2021
Transactions value $
-$1,183,609
Form type
4
Date filed
1/4/2022, 04:11 PM
Previous filing
Dec 2, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCR Common Stock Tax liability -$115K -2.87K -3.92% $40.20 70.2K Dec 31, 2021 Direct F1
transaction NCR Commont Stock Options Exercise $0 +58.9K +83.91% $0.00 129K Dec 31, 2021 Direct F2
transaction NCR Common Stock Tax liability -$1.07M -26.6K -20.58% $40.20 103K Dec 31, 2021 Direct F3

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 NCR Restricted Stock Units Options Exercise $0 +58.9K $0.00 58.9K Dec 31, 2021 Common Stock 58.9K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld to cover tax withholding obligations resulting from the December 31, 2021 vesting of 6,354 previously reported restricted stock units awarded under the long-term NCR Strategic Transformation Fitness Plan pursuant to the Second Amended and Restated NCR Management Incentive Plan.
F2 Performance share restricted stock units (RSUs) as to which the performance-related conditions to vesting were satisfied on December 31, 2021. These RSUs vest ratably, with 50% having vested on December 31, 2021 as shown on Table I, and the remaining 50% shown on Table II scheduled to vest on December 31, 2022 subject to certain conditions.
F3 These shares were withheld to cover tax withholding obligations when 58,928 performance share RSUs vested on December 31, 2021 as reported herein.