KIRK KENNETH D 4

4 · BROWN & BROWN INC · Filed Jun 11, 2010

Form 4

Period: 2010-06-10

Regional President

Transactions

Exercise/Conversion
Common Stock, $.10 par value
2010-06-10$15.78/sh+100,118$1,579,862→ 675,154 total(indirect: By Trust)
Exercise/Conversion
Stock Options
2010-06-10$15.78/sh−100,118$1,579,862→ 0 total
Exercise: $15.78From: 2007-01-01Exp: 2013-03-23→ Common Stock (100,118 underlying)

Holdings

Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (115,000 underlying)
115,000
Common Stock, $.10 par value
290,018
Stock Options
Exercise: $15.78From: 2013-03-22Exp: 2013-03-23→ Common Stock (13,282 underlying)
13,282
Common Stock, $.10 par value
(indirect: By 401(k))
4,373

Footnotes (4)

[F1]These securities were granted pursuant to the Company's Performance Stock Plan (the "PSP"). Based on the satisfaction of conditions established pursuant to the PSP, the Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.
[F2]Number of shares may vary periodically based on contributions to plan.
[F3]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
[F4]These options vest and become exercisable on 11/26/17 unless accelerated based on satisfaction of conditions established pursuant to the Plan.

Documents

1 file