Simon Davis - Feb 24, 2023 Form 4 Insider Report for BRINKS CO (BCO)

Role
EVP, CHRO
Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
Feb 24, 2023
Transactions value $
-$10,839
Form type
4
Date filed
2/28/2023, 07:59 PM
Previous filing
Feb 21, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCO Common Stock Tax liability -$10.8K -165 -0.41% $65.69 39.6K Feb 24, 2023 Direct F1, F2
transaction BCO Common Stock Disposed to Issuer -363 -0.92% 39.3K Feb 24, 2023 Direct F2, F3

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 Program Units Disposed to Issuer +363 +5.01% 7.61K Feb 24, 2023 Common Stock 363 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 24, 2023.
F2 Includes Restricted Stock Units that have not yet vested.
F3 In connection with the vesting on February 24, 2023 of Restricted Stock Units previously granted to the Reporting Person, the Reporting Person's receipt of 363 shares of The Brink's Company ("BCO") common stock was deferred, resulting in 363 Program Units (each of which is the economic equivalent of one share of BCO common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferred Compensation Program. The Reporting Person is therefore reporting the disposition of 363 shares of BCO common stock in exchange for an equal number of Program Units.
F4 Program Units 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 employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.