SEC Form 4 · accession 0001209191-18-013629
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rohan Pal
Officer — SVP, Chief Information Officer
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 7:09 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 22, 2018 | A | 1,729 | $0.00 | A | 18,825 | D | |
| Common StockF3,F4 | Feb 24, 2018 | F | 173 | $75.40 | D | 18,652 | 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)F5 | $73.45 | Feb 22, 2018 | A | 6,975 | A | — | Feb 22, 2024 | Common Stock | 6,975 | 6,975 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a right to receive, subject to the terms and conditions of the 2017 Equity Incentive Plan and a Restricted Stock Units Award Agreement, one share of the Company's common stock subject to vesting in three annual installments, beginning in February 2019.
- F2Includes 17,885 Restricted Stock Units that have not yet vested.
- F3The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 24, 2018.
- F4Includes 17,242 Restricted Stock Units that have not yet vested.
- F5The options vest on the third anniversary of the grant date, February 22, 2021, if the average closing stock price over any 15 consecutive trading days between the grant date and the third anniversary was at least $91.81.