SEC Form 4 · accession 0001209191-18-060936
BRINKS CO · BCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reginald D Hedgebeth
Director
Period of report
Dec 3, 2018
Accepted (ET)
Dec 4, 2018 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078890
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brink's Units (DSAP)F2,F1 | — | Dec 3, 2018 | A | 5 | A | — | — | Common Stock | 5 | 2,346 | D |
| UnitsF4,F5,F3 | — | Dec 3, 2018 | A | 2 | A | — | — | Common Stock | 2 | 1,114 | D |
Explanation of responses
- F1Under the terms of the Directors' Stock Accumulation Plan (the "DSAP"), the Reporting Person will be entitled to receive a distribution in The Brink's Company (the "Company") common stock in respect of all Brink's Units in the Reporting Person's account on a one-for-one basis following the Reporting Person's termination of service as a director.
- F2In accordance with the terms of the DSAP, Brink's Units (each of which is the economic equivalent of one share of the Company's common stock) were credited to the Reporting Person's account as a result of a dividend payment with respect to the Company's common stock. The number of Brink's Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $71.015 which is the average trading price of the Company's common stock on December 3, 2018, calculated in accordance with the terms of the DSAP.
- F3Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's equity account under the Plan for Deferral of Directors' Fees (the "Plan") will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of service from the Board of Directors or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.
- F4In accordance with the terms of the Plan, Units (each of which is the economic equivalent of one share of BCO common stock) were credited to the Reporting Person's account as a result of a dividend payment with respect to BCO common stock.
- F5The number of Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $70.92, which is the closing price of BCO common stock on December 3, 2018, calculated in accordance with the terms of the Plan.