4//SEC Filing
LYDECKER CHARLIE 4
Accession 0000079282-11-000009
CIK 0000079282other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:10 PM ET
Size
16.1 KB
Accession
0000079282-11-000009
Insider Transaction Report
Form 4
LYDECKER CHARLIE
Regional Executive VP
Transactions
- Sale
Common Stock, $.10 par value
2010-12-30$24.24/sh−4,200$101,808→ 210,434 total - Exercise/Conversion
Common Stock, $.10 par value
2010-12-30$18.48/sh+5,411$99,995→ 233,497 total - Tax Payment
Common Stock, $.10 par value
2010-12-31$24.12/sh−6,348$153,114→ 117,562 total - Exercise/Conversion
Stock Options
2010-12-30$18.48/sh−5,411$99,995→ 14,589 totalExercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock (20,000 underlying)
Holdings
- 24(indirect: By Children)
Common Stock, $.10 par value
- 80,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (80,000 underlying) - 13,441(indirect: By 401(k))
Common Stock, $.10 par value
- 50,000
Stock Options
Exercise: $15.78From: 2013-03-23Exp: 2013-03-24→ Common Stock (50,000 underlying)
Footnotes (8)
- [F1]A total of 1,502 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2010. Number of shares may reflect reinvested dividends.
- [F2]Owned jointly with spouse.
- [F3]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 24,000 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
- [F4]These securities were granted pursuant to 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.
- [F5]Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.
- [F6]Reporting person disclaims beneficial ownership of securities owned by children who share reporting person's household. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
- [F7]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F8]options vest and become exercisable on 11/26/17 unless accelerated based on satisfaction of conditions established pursuant to the Plan.
Documents
Issuer
BROWN & BROWN INC
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001208262
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:10 PM ET
- Size
- 16.1 KB