SEC Form 4 · accession 0001209191-18-037739
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
McAlister C Marshall II
Officer — SVP, Gen Counsel & CAO
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 4:37 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 12, 2018 | M | 29,942 | $22.57 | A | 119,386 | D | |
| Common StockF1,F3,F4 | Jun 12, 2018 | S | 18,163 | $79.76 | D | 101,223 | 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)F6,F5 | $22.57 | Jun 12, 2018 | M | 29,942 | D | — | Jul 11, 2018 | Common Stock | 29,942 | 0 | D |
Explanation of responses
- F1Reflects the exercise of 29,942 options held since the grant date of July 11, 2012 and due to expire on July 11, 2018. As a result of this transaction, Mr. Marshall owns an additional 11,779 shares of the Company's common stock and received no cash proceeds from the exercise of the options. 18,163 shares were sold at a weighted average market price of $79.76 per share to fund the exercise price, related taxes and fees.
- F2Includes Restricted Stock Units that have not yet vested.
- F3Weighted average of sales prices, which ranged from $79.70 to $80.35. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4Includes Restricted Stock Units that have not yet vested as well as 11,779 shares of the Company's common stock acquired as a result of the exercise of 29,942 options, due to expire on July 11, 2018. See Table II and related footnotes.
- F5The options vested in three installments as follows: 9,981 shares on July 11, 2013, 9,981 shares on July 11, 2014, and 9,980 shares on July 11, 2015.
- F6The Reporting Person held options (unvested) for a total of 24,038 shares as of June 12, 2018, following the Reported Transactions.