RILEY THOMAS E 4
4 · BROWN & BROWN INC · Filed Nov 9, 2010
Insider Transaction Report
Form 4
RILEY THOMAS E
Regional President
Transactions
- Sale
Common Stock, $.10 par value
2010-11-05$23.03/sh−107,742$2,481,298→ 0 total(indirect: By 401(k))
Holdings
- 300,293
Common Stock, $.10 par value
- 3,620(indirect: By Spouse)
Common Stock, $.10 par value
- 190,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (190,000 underlying) - 180,762
Stock Options
Exercise: $15.78From: 2013-03-22Exp: 2013-03-23→ Common Stock (180,762 underlying) - 204,638
Common Stock, $.10 par value
Footnotes (6)
- [F1]Based upon information supplied by the Plan's recordkeeper.
- [F2]These securities were granted pursuant to the Issuer'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.
- [F3]This total includes 390 shares obtained through the Company's Employee Stock Purchase Plan in August 2010.Number of shares may reflect reinvested dividends.
- [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").
- [F6]These options vest and become exercisable on 11/26/17 unless vesting is accelerated based on satisfaction of conditions established pursuant to the Plan.