SEC Form 4 · accession 0001209191-16-128613
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
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 4:49 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 StockF1,F2 | Jun 15, 2016 | M | 40,000 | $19.05 | A | 122,559 | D | |
| Common StockF1,F3 | Jun 15, 2016 | F | 32,832 | $28.98 | D | 89,727 | 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 Option (Right to Buy)F5,F4 | $19.05 | Jun 15, 2016 | M | 40,000 | D | — | Jul 8, 2016 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Reflects the exercise of 40,000 options held since the grant date of July 8, 2010 and due to expire on July 8, 2016. As a result of this transaction, Mr. Dziedzic owns an additional 7,168 shares of the Company's common stock and received no cash proceeds from the exercise of the options. 32,832 shares were withheld by the Issuer at a market price of $28.98 per share to fund the exercise price and related taxes.
- F2Includes Restricted Stock Units that have not yet vested.
- F3Includes Restricted Stock Units that have not yet vested as well as 7,168 shares of the Company's common stock acquired as a result of the exercise of 40,000 options, due to expire on July 8, 2016. See Table II and related footnotes.
- F4The options vested in three installments as follows: 13,334 shares on July 8, 2011, 13,333 shares on July 8, 2012, and 13,333 shares on July 8, 2013.
- F5The Reporting Person held options (vested) for a total of 82,029 shares as of June 15, 2016, following the Reported Transactions.