Joseph E. Reece - 16 Oct 2023 Form 4 Insider Report for NCR Atleos Corp (NATL)

Role
Director
Signature
/s/ Leah Singleton, as Attorney-in-Fact
Issuer symbol
NATL
Transactions as of
16 Oct 2023
Transactions value $
$0
Form type
4
Filing time
18 Oct 2023, 18:31:02 UTC
Previous filing
18 Oct 2023
Next filing
21 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NATL Common Stock Award +20.4K 20.4K 16 Oct 2023 Direct F1, F2

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 Phantom Stock Units Award +5.5K 5.5K 16 Oct 2023 Common Stock 5.5K Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents equity awards originally granted by NCR Voyix Corporation (f/k/a NCR Corporation) ("NCR Voyix") that have been converted into equity awards of the Issuer in connection with the spin-off of the Issuer from NCR Voyix (the "Spin-off"). These securities are subject to the same terms and conditions applicable to such NCR Voyix awards.
F2 Reflects restricted stock units, of which 10,073 are unvested. The reporting person elected to defer receipt of the common stock underlying the restricted stock units in accordance with the terms of a deferred compensation program (the "Compensation Program"). The reporting person will receive Issuer common stock following the termination of the reporting person's service as a director.
F3 These stock units were acquired under the Compensation Program as part of the reporting person's annual retainer as a director at NCR Voyix, which is paid quarterly. The reporting person elected to defer receipt of the annual retainer in accordance with the terms of the Compensation Program.
F4 The phantom stock units are converted into Issuer common stock on a one-for-one basis.
F5 These phantom stock units become payable in Issuer common stock following the reporting person's service as a director.