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BRINKS CO — Director's Dealing 2022
May 10, 2022
31042_dirs_2022-05-10_971872a0-795a-4935-b8cf-9e83e9e51321.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: 2022-05-06
Reporting Person: Herling Michael J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-06 | Common Stock | M | 1818 | — | Acquired | 13996 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-06 | Deferred Stock Units | $ | M | 1818 | Disposed | Common Stock (1818.0) | Direct | |
| 2022-05-06 | Deferred Stock Units | $ | A | 2652 | Acquired | Common Stock (2652.0) | Direct |
Footnotes
F1: Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock. On May 6, 2022, 1,818 DSUs, which were granted to the Reporting Person on May 7, 2021, vested. Such DSUs were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on May 11, 2021.
F2: Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
F3: This DSU award was granted on May 7, 2021 and vested in full on May 6, 2022.
F4: Includes 21,539 DSUs that have vested and will be settled in Company common stock on a one-for-one basis on a future date selected by the Reporting Person at the time of his or her deferral election.
F5: Subject to the terms and conditions of the 2017 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.