CAZER MICHAEL J 4
4 · BRINKS CO · Filed Apr 3, 2009
Insider Transaction Report
Form 4
BRINKS COBCO
CAZER MICHAEL J
Vice President and CFO
Transactions
- Award
Units
2009-04-01$24.44/sh+479.49$11,719→ 5,879.02 total→ Common Stock (479.49 underlying)
Footnotes (2)
- [F1]Under the terms of the Key Employees' Deferred Compensation Program (the "Program"), the Reporting Person has chosen to make salary deferrals to an incentive account. On the first business day of each month, the amount of salary deferred to the Reporting Person?s account during the previous month, plus any matching amounts, is converted into Units representing shares of The Brink?s Company ("BCO") Common Stock and credited to the Reporting Person's account in accordance with the terms of the Program. Dividends are calculated and credited to the Reporting Person's total account balance in accordance with the terms of the Program.
- [F2]The number of Units credited to the Reporting Person's account on the Transaction Date is based upon a share price of $24.44, which is the average trading price of BCO Common Stock for the month of March 2009, calculated in accordance with the terms of the Program.