Paul G. Boynton - 05 May 2023 Form 4 Insider Report for BRINKS CO (BCO)

Role
Director
Signature
/s/ Beth Davis, Attorney-in-Fact
Issuer symbol
BCO
Transactions as of
05 May 2023
Net transactions value
$0
Form type
4
Filing time
09 May 2023, 20:45:56 UTC
Previous filing
04 Apr 2023
Next filing
05 Jun 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 Deferred Stock Units Award $0 +2,402 +6.8% $0.000000 37,771 05 May 2023 Common Stock 2,402 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes 35,369 DSUs that have vested and will be settled in Company common stock on a one-for-one basis, pursuant to the applicable terms of the Reporting Person's deferral election, either six months following the Reporting Person's termination of service from the Board of Directors of the Company or on a future date selected by the Reporting Person at the time of his deferral election.