LAYDEN DONALD W JR - 23 Feb 2022 Form 4 Insider Report for NCR CORP (VYX)

Signature
Laura J. Foltz, Attorney-in-Fact for Donald W. Layden, Jr.
Issuer symbol
VYX
Transactions as of
23 Feb 2022
Net transactions value
-$183,526
Form type
4
Filing time
25 Feb 2022, 16:24:26 UTC
Previous filing
19 Nov 2021
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCR Common Stock Options Exercise $0 +14,121 $0.000000 14,121 23 Feb 2022 Direct F1
transaction NCR Common Stock Tax liability $183,526 -4,579 -32% $40.08 9,542 23 Feb 2022 Direct F2

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 +28,240 $0.000000 28,240 23 Feb 2022 Common Stock 28,240 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Table I reports the vesting of the first one-third of previously reported 3-year ratable vesting performance-based restricted stock units (RSUs) granted on February 23, 2021. Vesting of the remaining two-thirds of such RSUs, shown in Table II, is subject to the reporting person's continued employment with the issuer on the applicable vesting date in accordance with the RSU award agreement.
F2 These shares were withheld to cover tax withholding obligations when 14,121 restricted stock units vested on February 23, 2022 as reported herein.