WALKER CORY T 4

4 · BROWN & BROWN INC · Filed Jul 25, 2011

Form 4

Period: 2011-07-21

CFO, Sr. VP & Treasurer

Transactions

Purchase
Common Stock, $.10 par value
2011-07-21$21.82/sh+20,000$436,400→ 157,551 total

Holdings

Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock (14,589 underlying)
14,589
Stock Options
Exercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock (20,000 underlying)
20,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (60,000 underlying)
60,000
Common Stock, $.10 par value
(indirect: By 401(k))
28,582
Stock Options
Exercise: $15.78From: 2013-03-23Exp: 2013-03-24→ Common Stock (50,000 underlying)
50,000
Common Stock, $.10 par value
31,329
Common Stock, $.10 par value
124,274
Common Stock, $.10 par value
(indirect: By IRA)
27,300

Footnotes (7)

[F1]Number of shares may vary due to dividend reinvestment.
[F2]Owned jointly with spouse.
[F3]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.
[F4]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.
[F5]Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.
[F6]Granted by the Compensation Committee of the Board Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
[F7]These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.

Documents

1 file