Andrew R. DuVall - 07 Dec 2023 Form 4 Insider Report for NCR Atleos Corp (NATL)

Role
Vice President, Manager
Signature
/s/ Leah Singleton, as Attorney-in-Fact
Issuer symbol
NATL
Transactions as of
07 Dec 2023
Net transactions value
-$1,826
Form type
4
Filing time
11 Dec 2023, 21:08:22 UTC
Previous filing
11 Aug 2023
Next filing
26 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATL Common Stock Sale $1,826 -83 -1.5% $22.00 5,495 07 Dec 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 07 Dec 2023 Common Stock 721 $0.000000 Direct F2, F3
transaction NATL Restricted Stock Units Award +1,178 1,178 07 Dec 2023 Common Stock 1,178 $0.000000 Direct F2, F4
transaction NATL Restricted Stock Units Award +269 269 07 Dec 2023 Common Stock 269 $0.000000 Direct F3, F5
transaction NATL Restricted Stock Units Award +1,203 1,203 07 Dec 2023 Common Stock 1,203 $0.000000 Direct F5, F6
transaction NATL Restricted Stock Units Award +1,053 1,053 07 Dec 2023 Common Stock 1,053 $0.000000 Direct F5, F7
transaction NATL Restricted Stock Units Award +10,140 10,140 07 Dec 2023 Common Stock 10,140 $0.000000 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.