Beth Potter - Feb 12, 2022 Form 4 Insider Report for NCR CORP (NCR)

Role
CAO
Signature
Laura J. Foltz, Attorney-in-Fact for Beth Potter
Stock symbol
NCR
Transactions as of
Feb 12, 2022
Transactions value $
-$26,040
Form type
4
Date filed
2/15/2022, 03:24 PM
Previous filing
Feb 10, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCR Common Stock Tax liability -$15.8K -377 -2.5% $42.00 14.7K Feb 12, 2022 Direct F1
transaction NCR Common Stock Options Exercise $0 +804 +5.48% $0.00 15.5K Feb 12, 2022 Direct F2
transaction NCR Common Stock Tax liability -$10.2K -243 -1.57% $42.00 15.2K Feb 12, 2022 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 +804 $0.00 804 Feb 12, 2022 Common Stock 804 $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 when 1,252 previously reported restricted stock units (RSUs) vested on February 12, 2022.
F2 Performance-based RSUs as to which the performance-related conditions to vesting have been previously reported as satisfied. These RSUs vest ratably, with one-third vesting on each of the first, second and third anniversaries of the February 12, 2020 grant date (each an "RSU Vesting Date"). The second one-third of such RSUs, shown in Table I, vested on February 12, 2022. Vesting of the remaining one-third of such RSUs, shown in Table II, is subject to the reporting person's continued employment with the issuer on the applicable RSU Vesting Dates in accordance with the RSU award agreement.
F3 These shares were withheld to cover tax withholding obligations when 804 restricted stock units vested on February 12, 2022 as reported herein.