Home/Filings/4/0000921895-23-001047
4//SEC Filing

Welling Glenn W. 4

Accession 0000921895-23-001047

CIK 0000070866other

Filed

May 3, 8:00 PM ET

Accepted

May 4, 6:04 PM ET

Size

9.3 KB

Accession

0000921895-23-001047

Insider Transaction Report

Form 4
Period: 2023-05-02
Transactions
  • Award

    Common Stock

    2023-05-02$20.91/sh+10,761$225,01321,807 total
Holdings
  • Common Stock

    (indirect: By: Engaged Capital Flagship Master Fund, LP)
    2,918,047
  • Common Stock

    (indirect: By: Engaged Capital Co-Invest XIV, LP)
    2,100,466
  • Common Stock

    (indirect: By LLC)
    233,943
Footnotes (5)
  • [F1]These restricted stock units represent the equity grant awarded to Mr. Welling under the NCR Director Compensation Program. The restricted stock units vest in four equal quarterly installments beginning three months after the grant date, subject to Mr. Welling's continued service as a director on each vesting date.
  • [F2]Securities owned directly by Engaged Capital Flagship Master Fund, LP ("Engaged Capital Flagship Master"). Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, LLC ("Engaged Capital"), the general partner and investment adviser of Engaged Capital Flagship Master, and as the sole member of Engaged Capital Holdings, LLC ("Engaged Holdings"), the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Flagship Master.
  • [F3]Securities owned directly by Engaged Capital Co-Invest XIV, LP ("Engaged Capital Co-Invest XIV"). Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, the general partner and investment adviser of Engaged Capital Co-Invest XIV, and as the sole member of Engaged Holdings, the managing member of Engaged Capital, may be deemed to beneficially own the securities owned directly by Engaged Capital Co-Invest XIV.
  • [F4]Securities held in an account separately managed by Engaged Capital (the "Engaged Capital Account"). Mr. Welling, by virtue of his position as the founder and Chief Investment Officer of Engaged Capital, the investment adviser of the Engaged Capital Account, and as the sole member of Engaged Holdings, the managing member of Engaged Capital, may be deemed to beneficially own the securities held in the Engaged Capital Account.
  • [F5]Mr. Welling disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Welling is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Issuer

NCR CORP

CIK 0000070866

Entity typeother

Related Parties

1
  • filerCIK 0001580771

Filing Metadata

Form type
4
Filed
May 3, 8:00 PM ET
Accepted
May 4, 6:04 PM ET
Size
9.3 KB