Joseph E. Reece - 29 Sep 2023 Form 4 Insider Report for NCR CORP (NCR)

Role
Director
Signature
Leah Singleton, Attorney-in-Fact for Joseph E. Reece
Issuer symbol
NCR
Transactions as of
29 Sep 2023
Transactions value $
$70,014
Form type
4
Filing time
03 Oct 2023, 17:00:36 UTC
Previous filing
21 Sep 2023
Next filing
03 Oct 2023
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 NCR Phantom Stock Units Award $70K +2.6K $26.97 2.6K 29 Sep 2023 Common Stock 2.6K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are stock units acquired under the NCR Director Compensation Program (the "Compensation Program") as part of the reporting person's annual retainer, which is paid quarterly. The reporting person elected to defer receipt of the annual retainer in accordance with the terms of the Compensation Program.
F2 The phantom stock units are converted into common stock on a one-for-one basis.
F3 The phantom stock units become payable in common stock following the reporting person's termination of service as a director.