SEC Form 4 · accession 0001209191-17-012977
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Beech
Officer — Executive Vice President
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 8:01 pm EST
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 | Feb 16, 2017 | M | 2,511 | — | A | 18,922 | D | |
| Common StockF3,F2 | Feb 16, 2017 | A | 8,140 | $0.00 | A | 27,062 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Share UnitsF1 | — | Feb 16, 2017 | M | 2,025 | D | — | — | Common Stock | — | 0 | D |
Explanation of responses
- F1Each market share unit represents the right to receive between 0 and 1.5 shares of common stock, based on the average closing price for the twenty trading days leading up to and including December 31, 2016 ($41.39), as compared to the average closing price for the twenty trading days leading up to and including December 31, 2013 ($33.29).
- F2Includes Restricted Stock Units that have not yet vested and shares that will be withheld to satisfy tax withholding obligations for the reporting person on the date that the market share units and performance share units are paid to the reporting person. The shares withheld will be reported on a subsequent filing.
- F3Represents performance share units granted in February 2014, for which the performance period ended December 31, 2016, and for which the settlement date was February 16, 2017.