SEC Form 4 · accession 0001209191-15-041718
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reginald D Hedgebeth
Director
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 4:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078890
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F1 | — | May 8, 2015 | A | 3,050 | A | — | — | Common Stock | 3,050 | 13,131 | D |
Explanation of responses
- F1Subject to the terms and conditions of the Non-Employee Directors' Equity Plan and a Deferred Stock Units Award Agreement (the "Award Agreement"), the Reporting Person has been granted Deferred Stock Units ("DSUs") that are subject to a one year vesting period that accelerates upon a change in control of The Brink's Company (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.
- F2Includes 10,081 DSUs that have vested and will be settled in Company common stock on a one-for-one basis six months following the Reporting Person's termination of service from the Board of Directors of the Company.