GRAMMIG LAUREL L 4
4 · BROWN & BROWN INC · Filed Jan 20, 2011
Insider Transaction Report
Form 4
GRAMMIG LAUREL L
VP, Sec & Chief Corp. Counsel
Transactions
- Award
Common Stock, $.10 par value
2011-01-18+12,534→ 12,534 total
Holdings
- 42,549(indirect: By 401(k))
Common Stock, $.10 par value
- 77,149
Common Stock, $.10 par value
- 61,662
Common Stock, $.10 par value
Footnotes (4)
- [F1]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performance-based conditions established in connection with this grant.
- [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 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]Number of shares may reflect reinvested dividends.
- [F4]Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.