Form 4 for BCO BRINKS CO
Accepted 2023-05-09 00:00:00 ET · period of report 2023-05-05 · accession 0000078890-23-000241 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-09 | 2023-05-05 | BCO | Herling Michael J | Dir | M - OptEx | — | +2,652 | 12.9K | +26% | — |
| D | 2023-05-09 | 2023-05-05 | BCO | Herling Michael J | Dir | M - OptEx | $0.00 | -2,652 | 21.5K | -11% | $0 |
| D | 2023-05-09 | 2023-05-05 | BCO | Herling Michael J | Dir | A - Grant | $0.00 | +2,402 | 23.9K | +11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-05 | M | A | 2,652 | — | 12,947 | D | — | — | (F2) Each DSU represents the right to receive, at settlement, one share of Company Common Stock. |
| 2 | Derivative | Deferred Stock Units | 2023-05-05 | M | D | 2,652 | $0.00 | 21,539 | D | — · — to — | 2,652 Common Stock | (F4) Includes 21,539 DSUs that have vested and will be settled in Company common stock on a one-for-one basis on a future date selected by the Reporting Person at the time of his or her deferral election. (F2) Each DSU represents the right to receive, at settlement, one share of Company Common Stock. (F3) This DSU award was granted on May 6, 2022 and vested in full on May 5, 2023. |
| 3 | Derivative | Deferred Stock Units | 2023-05-05 | A | A | 2,402 | $0.00 | 23,941 | D | — · — to — | 2,402 Common Stock | (F4) Includes 21,539 DSUs that have vested and will be settled in Company common stock on a one-for-one basis on a future date selected by the Reporting Person at the time of his or her deferral election. (F5) Subject to the terms and conditions of the 2017 Equity Incentive Plan and a DSU Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that vest upon the earlier of: (1) the one year anniversary of the grant date; and (2) the following year's annual meeting of shareholders, but in any event the DSUs shall not have a vesting period of less than six months. The vesting accelerates upon a change in control of The Company. The DSUs will be settled in Company common stock on a one-for-one basis upon vesting. Pursuant to terms of the Award Agreement, the DSUs will be forfeited if the director ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period. |