FREEBOURN RICHARD 4
4 · BROWN & BROWN INC · Filed Jan 20, 2011
Insider Transaction Report
Form 4
FREEBOURN RICHARD
Vice President
Transactions
- Award
Common Stock, $.10 par value
2011-01-18+28,197→ 28,197 total
Holdings
- 52,621
Common Stock, $.10 par value
- 1,250(indirect: By Trust)
Common Stock, $.10 par value
- 24,593(indirect: By 401(k))
Common Stock, $.10 par value
- 18,495
Common Stock, $.10 par value
Footnotes (6)
- [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]Based on the satisfaction of conditions contained in the Company's Stock Performance Plan, Reporting Person has voting rights and dividend entitlements with respect to a portion of these shares, but full ownership will not vest until the satisfaction of additional conditions.
- [F3]Number of shares may reflect reinvested dividends.
- [F4]Owned jointly with spouse.
- [F5]Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.
- [F6]The Reporting Person disclaims beneficial ownership of these securities and 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.