0001193805-17-001538.txt : 20170823
0001193805-17-001538.hdr.sgml : 20170823
20170823212318
ACCESSION NUMBER: 0001193805-17-001538
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170821
FILED AS OF DATE: 20170823
DATE AS OF CHANGE: 20170823
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Feld Peter A
CENTRAL INDEX KEY: 0001410600
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09148
FILM NUMBER: 171048132
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BRINKS CO
CENTRAL INDEX KEY: 0000078890
STANDARD INDUSTRIAL CLASSIFICATION: ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731]
IRS NUMBER: 541317776
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1801 BAYBERRY COURT
STREET 2: P O BOX 18100
CITY: RICHMOND
STATE: VA
ZIP: 23226-1800
BUSINESS PHONE: 8042899623
MAIL ADDRESS:
STREET 1: 1801 BAYBERRY COURT
STREET 2: P O BOX 18100
CITY: RICHMOND
STATE: VA
ZIP: 23226-8100
FORMER COMPANY:
FORMER CONFORMED NAME: PITTSTON CO
DATE OF NAME CHANGE: 19920703
4
1
bcoform482117.xml
OWNERSHIP DOCUMENT
X0306
4
2017-08-21
0
0000078890
BRINKS CO
BCO
0001410600
Feld Peter A
777 THIRD AVENUE, 18TH FLOOR
NEW YORK
NY
10017
1
0
0
0
Common Stock, $1.00 Par Value
2017-08-21
4
S
0
7281
75.5102
D
220789
I
By Starboard Value and Opportunity S LLC
Common Stock, $1.00 Par Value
2017-08-21
4
S
0
3995
75.5102
D
121146
I
By Starboard Value and Opportunity C LP
Common Stock, $1.00 Par Value
2017-08-21
4
S
0
8724
75.5102
D
264532
I
By Managed Account of Starboard Value LP
Common Stock, $1.00 Par Value
2017-08-22
4
S
0
10922
75.7443
D
209867
I
By Starboard Value and Opportunity S LLC
Common Stock, $1.00 Par Value
2017-08-22
4
S
0
5993
75.7443
D
115153
I
By Starboard Value and Opportunity C LP
Common Stock, $1.00 Par Value
2017-08-22
4
S
0
13085
75.7443
D
251447
I
By Managed Account of Starboard Value LP
Common Stock, $1.00 Par Value
2017-08-23
4
S
0
9101
75.8708
D
200766
I
By Starboard Value and Opportunity S LLC
Common Stock, $1.00 Par Value
2017-08-23
4
S
0
4994
75.8708
D
110159
I
By Starboard Value and Opportunity C LP
Common Stock, $1.00 Par Value
2017-08-23
4
S
0
10905
75.8708
D
240542
I
By Managed Account of Starboard Value LP
Common Stock, $1.00 Par Value
821893
I
By Starboard Value and Opportunity Master Fund Ltd
Cash-Settled Total Return Swap
75.145
2017-08-21
4
S
1
51073
D
2017-12-28
Common Stock, $1.00 Par Value
726802
1
I
By Starboard Value and Opportunity Master Fund Ltd
Cash-Settled Total Return Swap
75.71
2017-08-22
4
S
1
76609
D
2017-12-28
Common Stock, $1.00 Par Value
650193
1
I
By Starboard Value and Opportunity Master Fund Ltd
Cash-Settled Total Return Swap
75.805
2017-08-23
4
S
1
63841
D
2017-12-28
Common Stock, $1.00 Par Value
586352
1
I
By Starboard Value and Opportunity Master Fund Ltd
Deferred Stock Units
Common Stock, $1.00 Par Value
5523
5523
D
Units
Common Stock, $1.00 Par Value
859.12
859.12
D
Securities owned directly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP LLC ("Starboard Value GP"), the general partner of the investment manager of Starboard V&O Fund, and as a member and member of the Management Committee of Starboard Principal Co GP LLC ("Principal GP"), the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard V&O Fund for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities owned directly by Starboard Value and Opportunity S LLC ("Starboard S LLC"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the manager of Starboard S LLC, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard S LLC for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities owned directly by Starboard Value and Opportunity C LP ("Starboard C LP"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of the investment manager of Starboard C LP, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities directly held by Starboard C LP for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Securities held in an account managed by Starboard Value LP (the "Managed Account"). The Reporting Person, solely by virtue of his position as a member of the Management Committee of Starboard Value GP, the general partner of Starboard Value LP, and as a member and member of the Management Committee of Principal GP, the general partner of the member of Starboard Value GP, may be deemed to beneficially own the securities held in the Managed Account for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Starboard V&O Fund has entered into a cash-settled total return swap agreement (the "Swap") with an unaffiliated third party financial institution, which after today's sales provide Starboard V&O Fund with economic exposure to an aggregate of 586,352 notional shares. The Swap provides Starboard V&O Fund with economic results that are comparable to the economic results of ownership but do not provide Starboard V&O Fund with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the Swap. The Swap was initially executed at the closing market price of $30.54 on July 21, 2016.
Includes (1) 1,809 Deferred Stock Units ("DSUs") granted to the Reporting Person on May 5, 2017 that are subject to a one year vesting period that accelerates upon a change in control of the Issuer, provided, however, that the DSUs will be forfeited if the Reporting Person ceases to serve as a member of the Board of Directors of the Issuer (the "Board") prior to the expiration of the vesting period and (2) 3,714 DSUs that have vested. The DSUs will be settled in Common Stock of the Issuer on a one-for-one basis, pursuant to the applicable terms of the Reporting Person's deferral election either (1) following the Reporting Person's termination of service from the Board or (2) on a future date selected by the Reporting Person at the time of his deferral election.
Units (each of which is the economic equivalent of one share of the Issuer's Common Stock) credited to the Reporting Person's equity account under the Plan for Deferral of Directors' Fees (the "Plan") will settle in the Issuer's Common Stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of service from the Board or (2) on a future date selected by the Reporting Person at the time of his deferral election. The Reporting Person has elected to receive shares of the Issuer's Common Stock as part of his quarterly compensation for service on the Board and certain Committees and has elected to defer those shares under the Plan.
/s/ Peter A. Feld
2017-08-23