LLOYD ROBERT W 4
4 · BROWN & BROWN, INC. · Filed Feb 21, 2020
Insider Transaction Report
Form 4
LLOYD ROBERT W
Vice President/General Counsel
Transactions
- Award
Common Stock, $.10 par value (2010 SIP)
2020-02-21+15,989→ 93,159 total - Award
Common Stock, $10 par value (2019 SIP)
2020-02-21+2,576→ 2,576 total
Holdings
- 19,460
Common Stock, $.10 par value
- 21,048
Common Stock, $.10 par value (PSP)
Footnotes (4)
- [F1]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 SIP"). The initial grant was made on February 24, 2017, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 21, 2020, the Company confirmed the satisfaction of the performance-based conditions established in connection with this grant, and the Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of additional service-based conditions.
- [F2]These securities were granted pursuant to the Company's 2010 SIP. The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of service-based conditions.
- [F3]These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of service-based conditions.
- [F4]A total of 862 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2019. Number of shares may vary due to dividend reinvestment.