Michael F. Beech - Mar 31, 2023 Form 4 Insider Report for BRINKS CO (BCO)

Role
Former EVP
Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
Mar 31, 2023
Transactions value $
$56,500
Form type
4
Date filed
4/4/2023, 05:27 PM
Previous filing
Mar 13, 2023

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 $56.5K +846 +7.81% $66.80 11.7K Mar 31, 2023 Common Stock 846 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael F. Beech is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Program Units (each of which is the economic equivalent of one share of The Brink's Company ("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.
F2 Under the terms of the Program, the Reporting Person has chosen to defer a portion of his or her annual incentive award to an incentive account. In accordance with the terms of the Program and the Reporting Person's deferral election, certain deferred amounts and/or any matching amounts are converted into Program Units (each of which is the economic equivalent of one share of BCO common stock) and credited to the Reporting Person's account.
F3 The number of Program Units credited to the Reporting Person's stock incentive account on the Transaction Date is based upon a share price of $66.80, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.