Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NATL | Restricted Stock Units | Award | +45.4K | 45.4K | Dec 7, 2023 | Common Stock | 45.4K | $0.00 | Direct | F1, F2 | |||
transaction | NATL | Restricted Stock Units | Award | +31.7K | 31.7K | Dec 7, 2023 | Common Stock | 31.7K | $0.00 | Direct | F1, F3 | |||
transaction | NATL | Stock Option (Right to Buy) | Award | +173K | 173K | Dec 7, 2023 | Common Stock | 173K | $17.03 | Direct | F4, F5 |
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 certain performance conditions that were certified on December 7, 2023 and the allocation factor determined in connection with the Spin-off. |
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 | 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. |
F4 | Represents stock options acquired in connection with the Spin-Off in respect of stock options originally granted by NCR Voyix. The exercise price was based on the allocation factor determined in connection with the Spin-off. |
F5 | These options are fully vested. |