LENNON FRANK T 4
4 · BRINKS CO · Filed Aug 22, 2012
Insider Transaction Report
Form 4
BRINKS COBCO
LENNON FRANK T
VP & Chief Admin. Officer
Transactions
- Exercise/Conversion
Units
2012-08-22−8,550→ 135,667.04 total→ Common Stock (8,550 underlying) - Exercise/Conversion
Common Stock
2012-08-22+8,550→ 71,009 total - Tax Payment
Common Stock
2012-08-22$23.39/sh−2,629$61,492→ 68,380 total
Footnotes (3)
- [F1]Under the terms of the Key Employees' Deferred Compensation Program (the "Program"), the Reporting Person has chosen to make deferrals to an incentive account. These deferrals, plus amounts matched by the Company, will settle in common stock on a one-for-one basis following the Reporting Person's termination of employment with the Company, subject to and in accordance with the terms of the Program. Pursuant to a one-time election, the Reporting Person received on August 22, 2012, a distribution of 8,550 shares of common stock from his account in settlement of an equivalent number of Units in accordance with the terms of the Program.
- [F2]The Company withheld shares of common stock to satisfy the tax withholding obligation for the distribution of shares of common stock to the Reporting Person on August 22, 2012, from his account under the Program.
- [F3]Includes 9,942 Restricted Stock Units that have not yet vested.