BRINKS CO 4
4 · BRINKS CO · Filed May 10, 2016
Insider Transaction Report
Form 4
BRINKS COBCO
ALEWINE BETTY C
Director
Transactions
- Award
Deferred Stock Units
2016-05-06+3,714→ 3,714 total→ Common Stock (3,714 underlying) - Exercise/Conversion
Deferred Stock Units
2016-05-08−3,050→ 0 total→ Common Stock (3,050 underlying) - Exercise/Conversion
Common Stock
2016-05-08+3,050→ 18,163 total
Footnotes (4)
- [F1]Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock. On May 8, 2015, the Reporting Person was granted 3,050 DSUs, of which all of the shares subject to the DSUs vested on May 8, 2016. Such DSUs were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on May 12, 2015.
- [F2]Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
- [F3]Subject to the terms and conditions of the Non-Employee Directors' Equity Plan and a Deferred Stock Units Award Agreement (the "Award Agreement"), the Reporting Person has been granted DSUs that are subject to a one year vesting period that 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 Reporting Person ceases to serve as a member of the Board of Directors of the Company prior to the expiration of the vesting period.
- [F4]This Deferred Stock Unit award was granted on May 8, 2015 and vested in full on May 8, 2016.