SEC FORM 4 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
 
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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*
Schoch Eric

(Last) (First) (Middle)
C/O NCR VOYIX CORPORATION
864 SPRING STREET NW

(Street)
ATLANTA GA 30308

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NCR VOYIX Corp [ VYX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & President, Retail
3. Date of Earliest Transaction (Month/Day/Year)
12/07/2023
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
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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 77,691(1) 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
Restricted Stock Units $0.00 12/07/2023 A(2) 19,589 (3) (3) Common Stock 19,589 (2) 19,589 D
Restricted Stock Units $0.00 12/07/2023 A(2) 20,484 (4) (4) Common Stock 20,484 (2) 20,484 D
Stock Option (Right to Buy) $22.19(5) (6) 02/12/2027 Common Stock 62,102 62,102 D
Performance-Based Restricted Stock Units(7) (7) (7) (7) Common Stock 41,520(8) 41,520(8) D
Explanation of Responses:
1. This amount reflects an adjustment to certain restricted stock units previously reported by the reporting person based on the allocation factor determined in connection with the spin-off (the "Spin-off") of NCR Atleos Corporation from NCR Voyix Corporation (f/k/a NCR Corporation) (the "Issuer").
2. Represents performance-based restricted stock units originally granted by the Issuer 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 certain performance conditions that were certified by the Issuer on December 7, 2023 and reflects an adjustment based on the Spin-off allocation factor.
3. 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.
4. 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.
5. These options were previously reported by the reporting person. This reflects an adjustment to the exercise price based on the allocation factor determined in connection with the Spin-off.
6. These options are fully vested.
7. Reflects performance-based restricted stock units (PB-RSUs), which may be earned between 0% and 200% of the target amount reported herein based on the combined total shareholder return attained by the Issuer and NCR Atleos Corporation during the three-year period from 1/1/2023 through 12/31/2025.
8. This amount reflects an adjustment to the target amount previously reported by the reporting person based on the Spin-off allocation factor.
Remarks:
/s/ Kelli Sterrett, Attorney-in-Fact for Eric Schoch 12/11/2023
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.