4//SEC Filing
PENNY JEROME SCOTT 4
Accession 0001209191-21-013872
CIK 0000079282other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:00 PM ET
Size
12.3 KB
Accession
0001209191-21-013872
Insider Transaction Report
Form 4
PENNY JEROME SCOTT
Regional Executive VP
Transactions
- Award
Common Stock, $.10 par value (2010 SIP)
2021-02-23+14,340→ 70,178 total - Award
Common Stock, $10 par value (2019 SIP)
2021-02-23+2,706→ 5,282 total
Holdings
- 19,320(indirect: By 401(k))
Common Stock, $10 par value
- 172,905
Common Stock, $10 par value
- 34,632
Common Stock, $.10 par value (PSP)
- 357,056
Common Stock, $.10 par value (Jointly Owned)
- 192(indirect: By Children)
Common Stock, $10 par value
Footnotes (8)
- [F1]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 SIP"). The initial grant was made on February 26, 2018, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 23, 2021, 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]Owned jointly with spouse.
- [F5]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 these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.
- [F6]Based upon information supplied by the plan record keeper as of December 31, 2020. Number of shares varies periodically based on contributions to plan.
- [F7]Reporting person disclaims beneficial ownership of securities owned by children who share the Reporting person's household. 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.
- [F8]A total of 696 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2020. Number of shares may vary due to dividend reinvestment.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001180023
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:00 PM ET
- Size
- 12.3 KB