SEC Form 4 · accession 0001209191-16-112303
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Dziedzic
Officer — Exec Vice Pres and CFO
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 4:35 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UnitsF2,F3,F1 | — | Mar 31, 2016 | A | 2,397 | A | — | — | Common Stock | 2,397 | 50,039 | D |
| UnitsF4,F3,F1 | — | Mar 31, 2016 | A | 164 | A | — | — | Common Stock | 164 | 50,203 | D |
Explanation of responses
- F1Units (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 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 that is during such person's employment with BCO.
- F2Under the terms of the Program, the Reporting Person has chosen to defer a portion of the annual award payable under the Company's Key Employees Incentive Plan 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 Units (each of which is the economic equivalent of one share of BCO common stock) and credited to the Reporting Person's account.
- F3The number of Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $33.59, 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.
- F4In 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 Units and credited to the Reporting Person's stock incentive account.