Andrew R. DuVall - Dec 7, 2023 Form 4 Insider Report for NCR Atleos Corp (NATL)

Signature
/s/ Leah Singleton, as Attorney-in-Fact
Stock symbol
NATL
Transactions as of
Dec 7, 2023
Transactions value $
-$1,826
Form type
4
Date filed
12/11/2023, 09:08 PM
Previous filing
Aug 11, 2023
Next filing
Dec 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATL Common Stock Sale -$1.83K -83 -1.49% $22.00 5.5K 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 NATL Restricted Stock Units Award +721 721 Dec 7, 2023 Common Stock 721 $0.00 Direct F2, F3
transaction NATL Restricted Stock Units Award +1.18K 1.18K Dec 7, 2023 Common Stock 1.18K $0.00 Direct F2, F4
transaction NATL Restricted Stock Units Award +269 269 Dec 7, 2023 Common Stock 269 $0.00 Direct F3, F5
transaction NATL Restricted Stock Units Award +1.2K 1.2K Dec 7, 2023 Common Stock 1.2K $0.00 Direct F5, F6
transaction NATL Restricted Stock Units Award +1.05K 1.05K Dec 7, 2023 Common Stock 1.05K $0.00 Direct F5, F7
transaction NATL Restricted Stock Units Award +10.1K 10.1K Dec 7, 2023 Common Stock 10.1K $0.00 Direct F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 5,578 shares of common stock of the Issuer received with respect to shares of common stock of NCR Voyix Corporation (f/k/a NCR Corporation) (the "NCR Voyix") held by the reporting person prior to the spin-off of the Issuer from NCR Voyix (the "Spin-off").
F2 Represents restricted stock units originally granted by NCR Voyix Corporation (f/k/a NCR Corporation) ("NCR Voyix") that have been converted into time-based equity awards 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 certain performance conditions that were certified on December 7, 2023 and the allocation factor determined in connection with the Spin-off.
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 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.
F6 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.
F7 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.
F8 These restricted stock units will vest as follows: (a) 50% will vest on December 21, 2023, and (b) 50% will vest on December 31, 2025, 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.