Richard M. Eubanks - Feb 29, 2024 Form 4 Insider Report for BRINKS CO (BCO)

Signature
/s/ Beth Davis, Attorney-in-Fact
Stock symbol
BCO
Transactions as of
Feb 29, 2024
Transactions value $
-$228,410
Form type
4
Date filed
3/4/2024, 07:52 PM
Previous filing
Feb 2, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCO Common Stock Tax liability -$85K -1.03K -1.8% $82.43 56.3K Mar 1, 2024 Direct F1, F2
transaction BCO Common Stock Tax liability -$151K -1.84K -3.26% $82.43 54.5K Mar 3, 2024 Direct F2, F3
transaction BCO Common Stock Disposed to Issuer -1.45K -2.66% 53K Mar 3, 2024 Direct F2, F4

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 $7.92K +95.6 +1.63% $82.83 5.94K Feb 29, 2024 Common Stock 95.6 Direct F5, F6, F7
transaction BCO Program Units Disposed to Issuer +1.45K +24.38% 7.39K Mar 3, 2024 Common Stock 1.45K Direct 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 BCO common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on March 1, 2024.
F2 Includes Restricted Stock Units that have not yet vested.
F3 BCO withheld shares of BCO common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on March 3, 2024.
F4 In connection with the vesting on March 3, 2024 of Restricted Stock Units previously granted to the Reporting Person, the Reporting Person's receipt of 1,449 shares of BCO common stock was deferred, resulting in 1,449 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 1,449 shares of BCO common stock in exchange for an equal number of Program Units.
F5 Program Units credited to the Reporting Person's stock incentive account under 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.
F6 In accordance with the terms of the Program, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account.
F7 The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $82.83, 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.