Michael E. Sweeney - Feb 16, 2023 Form 4 Insider Report for BRINKS CO (BCO)

Role
Controller
Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
Feb 16, 2023
Transactions value $
-$74,210
Form type
4
Date filed
2/27/2024, 05:56 PM
Previous filing
Dec 5, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCO Common Stock Award $0 +2.54K +35.99% $0.00 9.61K Feb 16, 2023 Direct F1, F2, F3
transaction BCO Common Stock Tax liability -$62.8K -766 -7.97% $82.00 8.85K Feb 24, 2024 Direct F3, F4
transaction BCO Common Stock Disposed to Issuer -227 -2.57% 8.62K Feb 24, 2024 Direct F3, F5
transaction BCO Common Stock Tax liability -$11.4K -139 -1.61% $82.00 8.48K Feb 24, 2024 Direct F3, F6
transaction BCO Common Stock Disposed to Issuer -37 -0.44% 8.44K Feb 24, 2024 Direct F3, F7

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 +227 +175.11% 357 Feb 24, 2024 Common Stock 227 Direct F5, F8
transaction BCO Program Units Disposed to Issuer +37 +10.37% 394 Feb 24, 2024 Common Stock 37 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Internal Metric Performance Share Units ("IM PSUs") granted in February 2021, for which the performance period ended December 31, 2022, and for which the performance criteria were certified as being satisfied on February 16, 2023.
F2 Reflects the ownership of the reporting person as of his last filed Form 4 and then accounting for the transaction reported in this row.
F3 Includes Restricted Stock Units that have not yet vested.
F4 The Brink's Company ("BCO") withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's IM PSUs that settled on February 24, 2024.
F5 In connection with the vesting on February 24, 2024 of IM PSUs previously granted to the Reporting Person, the Reporting Person's receipt of 227 shares of BCO common stock was deferred, resulting in 227 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"). The Reporting Person is therefore reporting the disposition of 227 shares of BCO common stock in exchange for an equal number of Program Units.
F6 BCO withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 24, 2024.
F7 In connection with the vesting on February 24, 2024 of Restricted Stock Units previously granted to the Reporting Person, the Reporting Person's receipt of 37 shares of BCO common stock was deferred, resulting in 37 Program Units credited to the Reporting Person's stock incentive account under the terms of the Program. The Reporting Person is therefore reporting the disposition of 37 shares of BCO common stock in exchange for an equal number of Program Units.
F8 Program Units credited to the Reporting Person's stock incentive account under the terms of 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.