Form 4 for NATL NCR Atleos Corp
Accepted 2023-12-11 00:00:00 ET · period of report 2023-12-07 · accession 0001209191-23-058174 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-11 | 2023-12-07 | NATL | DuVall Andrew R | VP, Manager | S - Sale | $22.00 | -83 | 5,495 | -1% | -$1,826 |
| DM | 2023-12-11 | 2023-12-07 | NATL | DuVall Andrew R | VP, Manager | A - Grant | — | +14.6K | 1,178 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-07 | S | D | 83 | $22.00 | 5,495 | D | — | — | (F1) Reflects 5,578 shares of common stock of the Issuer received with respect to shares of common stock of NCR Voyix Corporation (f/k/a NCR Corporation) (the "NCR Voyix") held by the reporting person prior to the spin-off of the Issuer from NCR Voyix (the "Spin-off"). |
| 2 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 1,203 | — | 1,203 | D | $0.00 · — to — | 1,203 Common Stock | (F5) Represents time-based restricted stock units originally granted by NCR Voyix that have been converted into time-based restricted stock units of the Issuer in connection with the Spin-off. The number of restricted stock units acquired in the Spin-Off was based on the allocation factor determined in connection with the Spin-off. (F6) These restricted stock units will vest in two equal annual installments beginning on February 25, 2024, subject to the reporting person's continued employment with the Issuer on each applicable vesting date in accordance with the terms of the applicable award agreement. |
| 3 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 1,053 | — | 1,053 | D | $0.00 · — to — | 1,053 Common Stock | (F5) Represents time-based restricted stock units originally granted by NCR Voyix that have been converted into time-based restricted stock units of the Issuer in connection with the Spin-off. The number of restricted stock units acquired in the Spin-Off was based on the allocation factor determined in connection with the Spin-off. (F7) These restricted stock units will vest in two equal annual installments beginning on August 16, 2024, subject to the reporting person's continued employment with the Issuer on each applicable vesting date in accordance with the terms of the applicable award agreement. |
| 4 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 10,140 | — | 10,140 | D | $0.00 · — to — | 10,140 Common Stock | (F5) Represents time-based restricted stock units originally granted by NCR Voyix that have been converted into time-based restricted stock units of the Issuer in connection with the Spin-off. The number of restricted stock units acquired in the Spin-Off was based on the allocation factor determined in connection with the Spin-off. (F8) These restricted stock units will vest as follows: (a) 50% will vest on December 21, 2023, and (b) 50% will vest on December 31, 2025, subject to the reporting person's continued employment with the Issuer on each applicable vesting date in accordance with the terms of the applicable award agreement. |
| 5 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 269 | — | 269 | D | $0.00 · — to — | 269 Common Stock | (F5) Represents time-based restricted stock units originally granted by NCR Voyix that have been converted into time-based restricted stock units of the Issuer in connection with the Spin-off. The number of restricted stock units acquired in the Spin-Off was based on the allocation factor determined in connection with the Spin-off. (F3) 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. |
| 6 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 721 | — | 721 | D | $0.00 · — to — | 721 Common Stock | (F2) Represents restricted stock units originally granted by NCR Voyix Corporation (f/k/a NCR Corporation) ("NCR Voyix") that have been converted into time-based equity awards 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. (F3) 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. |
| 7 | Derivative | Restricted Stock Units | 2023-12-07 | A | A | 1,178 | — | 1,178 | D | $0.00 · — to — | 1,178 Common Stock | (F2) Represents restricted stock units originally granted by NCR Voyix Corporation (f/k/a NCR Corporation) ("NCR Voyix") that have been converted into time-based equity awards 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. (F4) 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. |