AI assistant
BRINKS CO — Director's Dealing 2020
Mar 5, 2020
31042_dirs_2020-03-04_552543ca-f55e-4d53-9137-c9a9af29b032.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BRINKS CO (BCO)
CIK: 0000078890
Period of Report: 2020-03-02
Reporting Person: Herling Michael J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-02 | Brink's Units (DSAP) | $ | A | 10.54 | Acquired | Common Stock (10.54) | 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 $79.73 which is the average trading price of the Company's common stock on March 2, 2020, calculated in accordance with the terms of the DSAP.