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BRINKS CO — Director's Dealing 2018
Jun 14, 2018
31042_dirs_2018-06-14_09a728cc-a6a5-4d64-9b40-59cc9f579e1d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BRINKS CO (BCO)
CIK: 0000078890
Period of Report: 2018-06-14
Reporting Person: Beech Michael F (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-06-14 | Common Stock | M | 7922 | $22.57 | Acquired | 59609 | Direct |
| 2018-06-14 | Common Stock | S | 4625 | $78.67 | Disposed | 54984 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-06-14 | Employee Stock Option (Right to Buy) | $22.57 | M | 7922 | Disposed | 2018-07-11 | Common Stock (7922) | Direct |
Footnotes
F1: Reflects the exercise of 7,922 options held since the grant date of July 11, 2012 and due to expire on July 11, 2018. As a result of this transaction, Mr. Beech owns an additional 3,297 shares of the Company's common stock and received no cash proceeds from the exercise of the options. 4,625 shares were sold at a weighted average market price of $78.67 per share to fund the exercise price, related taxes and fees.
F2: Includes Restricted Stock Units that have not yet vested.
F3: Weighted average of sales prices, which ranged from $78.20 to $79.00. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4: Includes Restricted Stock Units that have not yet vested as well as 3,297 shares of the Company's common stock acquired as a result of the exercise of 7,922 options, due to expire on July 11, 2018. See Table II and related footnotes.
F5: The options vested in three installments as follows: 2,641 shares on July 11, 2013, 2,641 shares on July 11, 2014, and 2,640 shares on July 11, 2015.
F6: The Reporting Person held options (unvested) for a total of 19,857 shares as of June 14, 2018, following the Reported Transactions.