Joseph E. Reece - Jan 3, 2023 Form 4 Insider Report for NCR CORP (NCR)

Role
Director
Signature
Leah Singleton, Attorney-in-Fact for Joseph E. Reece
Stock symbol
NCR
Transactions as of
Jan 3, 2023
Transactions value $
$38,767
Form type
4
Date filed
1/5/2023, 04:28 PM
Previous filing
Jan 4, 2023
Next filing
Feb 16, 2023

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 Phantom Stock Units Award $38.8 K +1.66 K $23.41 1.66 K Jan 3, 2023 Common Stock 1.66 K Direct F1, F2, F3

Explanation of Responses:

Id Content
F1 These are stock units acquired under the NCR Director Compensation Program (the "Compensation Program) as part of the reporting person's annual retainer, which is paid quarterly. The reporting person elected to defer receipt of the annual retainer in accordance with the terms of the Compensation Program.
F2 The phantom stock units are converted into common stock on a one-for-one basis.
F3 The phantom stock units become payable in common stock following the reporting person's termination of service as a director.