Joseph E. Reece - May 2, 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: May 2, 2023
Transactions value $: $475,033
Form type: 4
Date filed: 5/4/2023, 06:00 PM
Previous filing: Apr 4, 2023
Next filing: Jun 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NCR	Common Stock	Award	$225K	+10.8K	+59.72%	$20.91	28.8K	May 2, 2023	Direct	F1
transaction	NCR	Common Stock	Award	$250K	+12K	+41.55%	$20.91	40.7K	May 2, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units represent the annual equity grant awarded to directors under the NCR Director Compensation Program (the "Compensation Program"). The restricted stock units vest in four equal quarterly installments beginning three months after the grant date, subject to the reporting person's continued service as a director on each vesting date. The reporting person elected to defer receipt of NCR Common stock underlying the restricted stock units in accordance with the terms of the Compensation Program. The reporting person will receive NCR common stock following the termination of the reporting person's service as a director.
F2	These restricted stock units represent the annual equity grant awarded to the Chairman of the Board under the NCR Director Compensation Program (the "Compensation Program"). The restricted stock units vest in four equal quarterly installments beginning three months after the grant date, subject to the reporting person's continued service as Chairman of the Board on each vesting date. The reporting person elected to defer receipt of NCR Common stock underlying the restricted stock units in accordance with the terms of the Compensation Program. The reporting person will receive NCR common stock following the termination of the reporting person's service as a director.

Content

These restricted stock units represent the annual equity grant awarded to directors under the NCR Director Compensation Program (the "Compensation Program"). The restricted stock units vest in four equal quarterly installments beginning three months after the grant date, subject to the reporting person's continued service as a director on each vesting date. The reporting person elected to defer receipt of NCR Common stock underlying the restricted stock units in accordance with the terms of the Compensation Program. The reporting person will receive NCR common stock following the termination of the reporting person's service as a director.

These restricted stock units represent the annual equity grant awarded to the Chairman of the Board under the NCR Director Compensation Program (the "Compensation Program"). The restricted stock units vest in four equal quarterly installments beginning three months after the grant date, subject to the reporting person's continued service as Chairman of the Board on each vesting date. The reporting person elected to defer receipt of NCR Common stock underlying the restricted stock units in accordance with the terms of the Compensation Program. The reporting person will receive NCR common stock following the termination of the reporting person's service as a director.