Douglas A. Pertz - Mar 1, 2023 Form 4 Insider Report for BRINKS CO (BCO)

Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
Mar 1, 2023
Transactions value $
-$52,781
Form type
4
Date filed
3/3/2023, 07:22 PM
Previous filing
Mar 2, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCO Common Stock Tax liability -$60.6K -924 -0.26% $65.58 360K Mar 1, 2023 Direct F1, F2
holding BCO Common Stock 2.2K Mar 1, 2023 By Spouse IRA
holding BCO Common Stock 386K Mar 1, 2023 By LLC
holding BCO Common Stock 5K Mar 1, 2023 By Spouse Trust

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 Award $7.81K +119 +0.3% $65.58 39.3K Mar 1, 2023 Common Stock 119 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Brink's Company ("BCO") withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on March 1, 2023.
F2 Includes Restricted Stock Units that have not yet vested.
F3 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 "Program") 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.
F4 In accordance with the terms of the Program, Program Units 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 Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $65.58, which was the closing price of BCO common stock on March 1, 2023, calculated in accordance with the terms of the Program.