4//SEC Filing
BROWN & BROWN INC 4
Accession 0000079282-04-000018
$BROCIK 0000079282operating
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 10:01 AM ET
Size
16.6 KB
Accession
0000079282-04-000018
Insider Transaction Report
Form 4
RILEY THOMAS E
Regional President
Transactions
- Sale
Common Stock, $.10 par value
2004-08-20$44.00/sh−12,500$550,000→ 89,484 total
Holdings
- 31,986(indirect: By 401(k))
Common Stock, $.10 par value
- 126,730(indirect: Stock Performance Plan)
Common Stock, $.10 par value
- 90,381
Stock Options
Exercise: $31.56From: 2013-03-23Exp: 2013-03-24→ Common Stock (90,381 underlying) - 10,340
Stock Options
Exercise: $9.67From: 2001-04-21Exp: 2010-04-20→ Common Stock (10,340 underlying) - 425(indirect: By Spouse)
Common Stock, $.10 par value
Footnotes (7)
- [F1]A portion of these shares was acquired through the Company's Employee Stock Purchase Plan. Number of shares may reflect reinvested dividends.
- [F2]These securities were granted pursuant to the Company's Stock Performance Plan. Until the satisfaction of conditions contained in that Plan, the recipient has neither voting rights nor dividend entitlement with respect to a portion of these shares, and full ownership will not vest until addtional conditions are satisfied.
- [F3]Based upon information supplied as of 12/31/03 by the Plan's recordkeeper. Number of shares varies periodically based on contributions to the plan.
- [F4]Reporting Person disclaims beneficial ownership in shares owned by Spouse of Reporting Person.
- [F5]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan"). Consideration for granted options is grantee's performance and continued service with Company as specified in the Plan.
- [F6]Due to the satisfaction of conditions established pursuant to the Plan, an additional 10,340 options will vest on each of 4/21/05 and 4/21/06, subject to grantee's continued service with the Company as specified in the Plan.
- [F7]These options vest and become exercisable on 3/23/13, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
Documents
Issuer
BROWN & BROWN INC
CIK 0000079282
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000079282
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 10:01 AM ET
- Size
- 16.6 KB