Tynan Timothy Joseph 4
4 · BRINKS CO · Filed May 9, 2023
Insider Transaction Report
Form 4
BRINKS COBCO
Tynan Timothy Joseph
Director
Transactions
- Award
Deferred Stock Units
2023-05-05+2,402→ 6,380 total→ Common Stock (2,402 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes 3,978 DSUs that have vested and will be settled in Company common stock on a one-for-one basis, pursuant to the applicable terms of the Reporting Person's deferral election, either six months following the Reporting Person's termination of service from the Board of Directors of the Company or on a future date selected by the Reporting Person at the time of his deferral election.