HENDERSON JIM W 4
4 · BROWN & BROWN INC · Filed Jul 26, 2010
Insider Transaction Report
Form 4
HENDERSON JIM W
DirectorVice Chairman and COO
Transactions
- Sale
Common Stock, $.10 par value
2010-07-22$20.06/sh−16,491$330,809→ 418,973 total
Holdings
- 200,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (200,000 underlying) - 6,336
Stock Options
Exercise: $15.78From: 2008-01-22Exp: 2013-03-24→ Common Stock (6,336 underlying) - 54,115
Common Stock, $.10 par value
- 217,990
Common Stock, $.10 par value
- 250,000(indirect: By 401(k))
Common Stock, $.10 par value
- 6,336
Stock Options
Exercise: $15.78From: 2009-01-22Exp: 2013-03-24→ Common Stock (6,336 underlying)
Footnotes (5)
- [F1]These shares are owned jointly with spouse.
- [F2]These securities were granted pursuant to the Company's Performance Stock Plan ("PSP"). Based on the satisfaction of conditions established pursuant to the PSP, the Reporting Person may have 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.
- [F3]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 2000 Incentive Stock Option Plan (the "Plan").
- [F5]These options vest and become exercisable on 11/26/17, unless vesting is accelerated based on the satisfaction of conditions established pursuant to the Plan.