Michael J. Herling - May 6, 2022 Form 4 Insider Report for BRINKS CO (BCO)

Role
Director
Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
May 6, 2022
Transactions value $
$0
Form type
4
Date filed
5/10/2022, 08:47 PM
Previous filing
Apr 4, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCO Common Stock Options Exercise +1.82K +14.93% 14K May 6, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BCO Deferred Stock Units Options Exercise $0 -1.82K -7.78% $0.00 21.5K May 6, 2022 Common Stock 1.82K Direct F2, F3, F4
transaction BCO Deferred Stock Units Award $0 +2.65K +12.31% $0.00 24.2K May 6, 2022 Common Stock 2.65K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.