BRIDGES C ROY 4
4 · BROWN & BROWN INC · Filed Dec 21, 2011
Insider Transaction Report
Form 4
BRIDGES C ROY
Regional Executive VP
Transactions
- Sale
Common Stock, $.10 par value
2011-12-20$21.96/sh−15,000$329,400→ 35,107 total
Holdings
- 160,378
Common Stock, $.10 par value
- 126,016
Stock Options
Exercise: $15.78From: 2013-03-23Exp: 2013-03-24→ Common Stock (126,016 underlying) - 104,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock (104,000 underlying) - 20,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock (20,589 underlying) - 810(indirect: By Spouse)
Common Stock, $.10 par value
Footnotes (5)
- [F1]A total of 1,516 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2011. Number of shares may reflect reinvested dividends.
- [F2]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.
- [F3]Reporting Person disclaims beneficial ownership in shares owned by Spouse of Reporting Person.
- [F4]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F5]These options vest and become exercisable on 11/26/17 unless accelerated based on satisfaction of conditions established pursuant to the Plan.