BROWN & BROWN INC 4
4 · BROWN & BROWN INC · Filed Jul 31, 2006
Insider Transaction Report
Form 4
RILEY THOMAS E
Regional President
Transactions
- Sale
Common Stock, $.10 par value
2006-07-27$31.09/sh−32,000$994,880→ 139,466 total
Holdings
- 253,460(indirect: Stock Performance Plan)
Common Stock, $.10 par value
- 3,620(indirect: By Spouse)
Common Stock, $.10 par value
- 180,762
Stock Options
Exercise: $15.78From: 2013-03-23Exp: 2013-03-24→ Comon Stock (90,381 underlying) - 20,680
Stock Options
Exercise: $4.84From: 2002-04-21Exp: 2010-04-20→ Comon Stock (10,340 underlying)
Footnotes (5)
- [F1]A portion of these shares was acquired through the Company's Employee Stock Purchase Plan. Number of shares may reflect reinvested dividends.
- [F2]These securities were granted pursuant to the Company's Stock Performance Plan. Until the satisfaction of conditions contained in that Plan, the recipient has neither voting rights nor dividend entitlement with respect to a portion of these shares, and full ownership will not vest until additional conditions are satisfied.
- [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"). Consideration for granted options is grantee's performance and continued service with Company as specified in the Plan.
- [F5]These options vest and become exercisable on 3/23/13, unless accelerated based on satisfaction of conditions established pursuant to the Plan.