BROWN & BROWN INC 4

4 · BROWN & BROWN INC · Filed Dec 29, 2008

Form 4

Period: 2008-12-24

Regional President

Transactions

Exercise/Conversion
Common Stock, $.10 par value
2008-12-24$4.84/sh+41,360$200,013→ 915,007 total(indirect: By Trust)
Exercise/Conversion
Stock Options
2008-12-24$4.84/sh−20,680$100,006→ 0 total
Exercise: $4.84From: 2005-04-21Exp: 2010-04-20→ Common Stock (20,680 underlying)

Holdings

Common Stock, $.10 par value
290,018
Stock Options
Exercise: $15.78From: 2013-03-22Exp: 2013-03-23→ Common Stock (12,672 underlying)
12,672
Stock Options
Exercise: $15.78From: 2007-01-01Exp: 2013-03-23→ Common Stock (100,728 underlying)
100,728
Common Stock, $.10 par value
(indirect: By 401(k))
14,501
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (115,000 underlying)
115,000

Footnotes (5)

[F1]This total includes 1,674 shares obtained through the Company's Employee Stock Purchase Plan in August 2008. Number of shares may vary due to dividend reinvestment.
[F2]These securities were granted at various dates pursuant to the Company's Stock Performance Plan. Based on the satisfaction of conditions established pursuant to that Plan, the Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares, but full ownership will not vest until the satisfaction of additional conditions.
[F3]Based upon information supplied on 12/24/2008 by the Plan's recordkeeper. Number of shares may vary periodically based on contributions to plan.
[F4]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2001 Incentive Stock Option Plan (the "Plan").
[F5]These options vest and become exercisable on 11/26/17 unless accelerated based on conditions pursuant to the plan.

Documents

1 file