Eric Schoch - Dec 7, 2023 Form 4 Insider Report for NCR VOYIX Corp (VYX)

Signature
/s/ Kelli Sterrett, Attorney-in-Fact for Eric Schoch
Stock symbol
VYX
Transactions as of
Dec 7, 2023
Transactions value $
$0
Form type
4
Date filed
12/11/2023, 07:52 PM
Previous filing
Nov 3, 2023
Next filing
Dec 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VYX Common Stock 77.7K Dec 7, 2023 Direct F1

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 VYX Restricted Stock Units Award +19.6K 19.6K Dec 7, 2023 Common Stock 19.6K $0.00 Direct F2, F3
transaction VYX Restricted Stock Units Award +20.5K 20.5K Dec 7, 2023 Common Stock 20.5K $0.00 Direct F2, F4
holding VYX Stock Option (Right to Buy) 62.1K Dec 7, 2023 Common Stock 62.1K $22.19 Direct F5, F6
holding VYX Performance-Based Restricted Stock Units 41.5K Dec 7, 2023 Common Stock 41.5K Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount reflects an adjustment to certain restricted stock units previously reported by the reporting person based on the allocation factor determined in connection with the spin-off (the "Spin-off") of NCR Atleos Corporation from NCR Voyix Corporation (f/k/a NCR Corporation) (the "Issuer").
F2 Represents performance-based restricted stock units originally granted by the Issuer that have been converted into time-based restricted stock units of the Issuer in connection with the Spin-Off. The number of restricted stock units acquired in the Spin-Off was based on certain performance conditions that were certified by the Issuer on December 7, 2023 and reflects an adjustment based on the Spin-off allocation factor.
F3 These restricted stock units will vest on February 23, 2024, subject to the reporting person's continued employment with the Issuer on the vesting date in accordance with the terms of the applicable award agreement.
F4 These restricted stock units will vest on February 25, 2025, subject to the reporting person's continued employment with the Issuer on the vesting date in accordance with the terms of the applicable award agreement.
F5 These options were previously reported by the reporting person. This reflects an adjustment to the exercise price based on the allocation factor determined in connection with the Spin-off.
F6 These options are fully vested.
F7 Reflects performance-based restricted stock units (PB-RSUs), which may be earned between 0% and 200% of the target amount reported herein based on the combined total shareholder return attained by the Issuer and NCR Atleos Corporation during the three-year period from 1/1/2023 through 12/31/2025.
F8 This amount reflects an adjustment to the target amount previously reported by the reporting person based on the Spin-off allocation factor.