Timothy Charles Oliver - 07 Dec 2023 Form 4 Insider Report for NCR Atleos Corp (NATL)

Role
President & CEO, Director
Signature
/s/ Leah Singleton, as Attorney-in-Fact
Issuer symbol
NATL
Transactions as of
07 Dec 2023
Net transactions value
$0
Form type
4
Filing time
11 Dec 2023, 21:09:59 UTC
Previous filing
18 Oct 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

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 +45,444 45,444 07 Dec 2023 Common Stock 45,444 $0.000000 Direct F1, F2
transaction NATL Restricted Stock Units Award +31,681 31,681 07 Dec 2023 Common Stock 31,681 $0.000000 Direct F1, F3
transaction NATL Stock Option (Right to Buy) Award +172,711 172,711 07 Dec 2023 Common Stock 172,711 $17.03 Direct F4, F5
* 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 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.