AI assistant
NCR Voyix Corp — Director's Dealing 2016
Feb 26, 2016
31789_dirs_2016-02-26_63e4a1f7-37f3-499d-b73b-cc3db49fd00b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NCR CORP (NCR)
CIK: 0000070866
Period of Report: 2016-02-24
Reporting Person: Ledford Andrea (SVP Corp Svs, Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-24 | Common Stock | A | 8554 | $23.38 | Acquired | 90007 | Direct |
| 2016-02-25 | Common Stock | F | 1722 | $23.19 | Disposed | 88285 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-24 | Restricted Stock Units | $0.00 | A | 107167 | Acquired | Common Stock (107167) | Direct |
Footnotes
F1: These are time-based restricted stock units granted February 24, 2016 that will vest ratably with one-third of such units vesting on each of the first, second and third anniversaries of the grant date (each a "Vesting Date") subject to the reporting person's continued employment with the issuer on the applicable Vesting Date and in accordance with the terms and conditions of the applicable award agreement.
F2: These shares were withheld to cover tax withholding obligations when 4,198 restricted stock units vested on February 25, 2016.
F3: These are price-contingent restricted stock units, 50% of which may be earned if the issuer's common stock price closes at or above $35 per share for any twenty consecutive trading days during the five-year period after the grant date, and the remaining 50% of which may be earned if such price closes at or above $40 per share for any twenty consecutive trading days during such five-year period. Vesting of earned units is also conditioned on continued service with the issuer through at least the third anniversary of the grant date ($35 goal) and fourth anniversary of the grant date ($40 goal) to the extent required in the applicable award agreements.