Susan E. Docherty - 07 May 2021 Form 4 Insider Report for BRINKS CO (BCO)

Role: Director
Signature: /s/Lindsay K. Blackwood, Attorney-in-Fact
Issuer symbol: BCO
Transactions as of: 07 May 2021
Net transactions value: $0
Form type: 4
Filing time: 11 May 2021, 19:22:26 UTC
Next filing: 29 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BCO	Common Stock	Options Exercise		+3,089	+45%		9,957	07 May 2021	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BCO	Deferred Stock Units	Options Exercise	$0	-3,089	-100%	$0.000000^*	0	07 May 2021	Common Stock	3,089		Direct	F2, F3
transaction	BCO	Deferred Stock Units	Award	$0	+1,818		$0.000000	1,818	07 May 2021	Common Stock	1,818		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion upon vesting of Deferred Stock Units ("DSUs") into The Brink's Company (the "Company") Common Stock. On May 7, 2021, 3,089 DSUs, which were granted to the Reporting Person on May 8, 2020, vested. Such DSUs were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on May 12, 2020.
F2	Each DSU represents the right to receive, at settlement, one share of Company Common Stock.
F3	This DSU award was granted on May 8, 2020 and vested in full on May 7, 2021.
F4	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.