Paul J. Campbell - Dec 7, 2023 Form 4 Insider Report for NCR Atleos Corp (NATL)

Role
Chief Financial Officer
Signature
/s/ Leah Singleton, as Attorney-in-Fact
Stock symbol
NATL
Transactions as of
Dec 7, 2023
Transactions value $
$0
Form type
4
Date filed
12/11/2023, 09:07 PM
Previous filing
Oct 25, 2023
Next filing
Dec 26, 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 NATL Restricted Stock Units Award +3.16K 3.16K Dec 7, 2023 Common Stock 3.16K $0.00 Direct F1, F2
transaction NATL Restricted Stock Units Award +1.18K 1.18K Dec 7, 2023 Common Stock 1.18K $0.00 Direct F2, F3
transaction NATL Restricted Stock Units Award +2.31K 2.31K Dec 7, 2023 Common Stock 2.31K $0.00 Direct F3, F4
transaction NATL Restricted Stock Units Award +2.26K 2.26K Dec 7, 2023 Common Stock 2.26K $0.00 Direct F1, F5
transaction NATL Restricted Stock Units Award +1.97K 1.97K Dec 7, 2023 Common Stock 1.97K $0.00 Direct F3, F6
transaction NATL Performance-Based Restricted Stock Units Award +9.17K 9.17K Dec 7, 2023 Common Stock 9.17K $0.00 Direct F7, F8
transaction NATL Restricted Stock Units Award +9.17K 9.17K Dec 7, 2023 Common Stock 9.17K $0.00 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units originally granted by NCR Voyix Corporation (f/k/a NCR Corporation) ("NCR Voyix") that have been converted into time-based restricted stock units of the Issuer in connection with the spin-off of the Issuer from NCR Voyix (the "Spin-off"). The number of restricted stock units acquired in the Spin-Off was based on the allocation factor determined in connection with the Spin-off, and if applicable, certain performance conditions that were certified on December 7, 2023.
F2 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.
F3 Represents time-based restricted stock units originally granted by NCR Voyix 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 the allocation factor determined in connection with the Spin-off.
F4 These restricted stock units will vest in two equal annual installments beginning on February 25, 2024, subject to the reporting person's continued employment with the Issuer on each applicable vesting date in accordance with the terms of the applicable award agreement.
F5 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.
F6 These restricted stock units will vest in two equal annual installments beginning on August 16, 2024, subject to the reporting person's continued employment with the Issuer on each applicable vesting date in accordance with the terms of the applicable award agreement.
F7 Represents performance-based restricted stock units originally granted by NCR Voyix that have been converted into performance-based restricted stock units of the Issuer in connection with the Spin-off. The target number of such units was based on the allocation factor determined in connection with the Spin-off.
F8 Reflects performance-based restricted stock units, 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 Voyix during the three-year period from 1/1/2023 through 12/31/2025.
F9 These restricted stock units will vest on December 21, 2023, 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.