SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* HURD MARK V (Last) (First) (Middle) 1616 STAFFORD SPRINGS PLACE (Street) CENTERVILLE OH 45458 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol NCR CORP [ NCR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President and CEO
	3. Date of Earliest Transaction (Month/Day/Year) 03/01/2005
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2005		A		61,365	A	$38.97	217,928.4926	D
Common Stock	03/01/2005		F		2,353(1)	D	$38.97	215,575.4926	D
Common Stock	03/02/2005		S		3,221	D	$38.41	212,354.4926	D
Common Stock	03/03/2005		M		30,000	A	$25.8125	242,354.4926	D
Common Stock	03/03/2005		S		27,346	D	$38.3747	215,008.4926	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$38.97	03/01/2005		A		184,094		(2)	03/01/2015	Common Stock	184,094	$0(3)	184,094	D
Employee Stock Option (Right to Buy)	$25.8125(4)	03/03/2005		M			30,000(5)	07/15/2002	07/15/2009	Common Stock	100,000(5)	$0	70,000	D

Explanation of Responses:

1. These shares were retained by NCR Corporation to cover tax withholding obligations when 5,574 restricted shares became freely transferable.

2. The option vests in four equal annual installments beginning March 1, 2006.

3. The options were granted under the NCR Management Stock Plan.

4. Previously reported price was $51.63. On January 21, 2005, the common stock of NCR Corporation split 2-for-1, with the result that the previously reported price of $51.63 split to $25.8125.

5. Previously reported number of securities was 50,000. On January 21, 2005, the common stock of NCR Corporation split 2-for-1, with the result that the previously reported number of securities of 50,000 increased to 100,000, 30,000 of which are being exercised.

	Nelson F. Greene, Attorney-in-fact for Mark V. Hurd	03/03/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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