SEC Form 4 · accession 0001209191-16-127482
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas A Pertz
Officer — President and CEO · Director
Period of report
Jun 9, 2016
Accepted (ET)
Jun 13, 2016 · 8:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078890
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2016 | P | 83,696 | $29.87 | A | 85,346 | D | |
| Common StockF2,F3 | Jun 9, 2016 | A | 18,126 | $29.11 | A | 103,472 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F4 | $29.87 | Jun 9, 2016 | A | 400,000 | A | — | Jun 9, 2022 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1Represents a private, negotiated transaction between the Issuer and the Reporting Person at a price per share equal to the closing price of the Company's common stock on the date of purchase.
- F2Each Restricted Stock Unit represents a right to receive, subject to the terms and conditions of the 2013 Equity Incentive Plan and a Restricted Stock units Award Agreement, one share of the Company's common stock subject to vesting in three equal annual installments, beginning in February 2017.
- F3Includes 18,126 Restricted Stock Units that have not yet vested.
- F4The options vest on the third anniversary of the grant date, June 9, 2019 as follows: if the average closing stock price over any 15 consecutive trading days between the grant date and the third anniversary was at least (a) $37.34, 1/3 of the options will vest; (b) $44.81, an additional 1/3 of the options will vest; and (c) $47.79, the final 1/3 of the options will vest.