Company: BCO
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001104659-25-026390
Chunk: 61

Company: BRINKS CO
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 61
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 ​ | ​ | Vested Percentage | ​ |
| ​ | Less than 36 months                        | ​ | ​ | 0%                | ​ |
| ​ | At least 36 months but less than 48 months | ​ | ​ | 50%               | ​ |
| ​ | At least 48 months and less than 60 months | ​ | ​ | 75%               | ​ |
| ​ | 60 months or more                          | ​ | ​ | 100%              | ​ |

As of December 31, 2024, Mr. Parks was fully vested and Mr. Eubanks was 50% vested. Messrs. McMaken and Castillo and Ms. Galloway were 0% vested. Lump-sum distributions are made at a date selected by the participant at least two years following the date of election or six months after termination of employment. A participant may elect, however, to receive the shares in up to five equal annual installments beginning on a date selected by the participant at least two years following the year of election. Potential Payments Upon Termination or Change in Control Each NEO may be eligible to receive benefits and payments pursuant to our Severance Pay Plan and CIC Plan in the event of termination or change in control. Benefits under the CIC Plan are triggered upon termination following a change in control (“double trigger”). The tables on pages 61 and 64 show the estimated amount of incremental additional benefits and payments that would be paid to each of the NEOs if their employment terminated on December 31, 2024 to the extent those benefits and payments exceed amounts that would be due to the NEOs regardless of the reason for termination of employment, including, for each NEO, the aggregate balance of non-qualified deferred compensation which appears in the 2024 Non-qualified Deferred Compensation Table on page 56, subject to vesting of Company matching contributions as described under “Deferred Compensation Program — Distributions” on page 58. Because the NEOs would be eligible to receive different benefits and payments depending on whether a change in control had occurred on December 31, 2024, information about the additional benefits and payments that would be paid to each NEO in connection with a termination of employment is presented in two tables: one without a change in control and one with a change in control. These tables assume a stock price of $92.77, which was the closing stock price of the Company’s Common Stock on December 31, 2024, as reported on the NYSE.