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BRINKS CO — Director's Dealing 2020
Dec 4, 2020
31042_dirs_2020-12-03_d1759b1f-6223-4f4b-b666-68ea93f82c87.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: 2020-12-01
Reporting Person: BOYNTON PAUL G (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-01 | Brink's Units (DSAP) | $ | A | 10 | Acquired | Common Stock (10) | Direct | |
| 2020-12-01 | Units | $ | A | 29.05 | Acquired | Common Stock (29.05) | Direct |
Footnotes
F1: Under the terms of the Directors' Stock Accumulation Plan (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company (the "Company") common stock in respect of all Brink's Units in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.
F2: In accordance with the terms of the DSAP, Brink's Units (each of which is the economic equivalent of one share of the Company's common stock) were credited to the Reporting Person's account as a result of a dividend payment with respect to the Company's common stock. The number of Brink's Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $69.01 which is the average trading price of the Company's common stock on December 1, 2020, calculated in accordance with the terms of the DSAP.
F3: Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's equity account under the Plan for Deferral of Directors' Fees (the "Plan") will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.
F4: In accordance with the terms of the Plan, Units (each of which is the economic equivalent of one share of BCO common stock) were credited
to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.
F5: The number of Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $68.77, which is the closing price of BCO common stock on December 1, 2020, calculated in accordance with the terms of the Plan.
F6: Reflects an increase in shares reported to be owned by Reporting Person that were inadvertently omitted from a previous Form 4 filed on October 2, 2020, due to an administrative error.