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4//SEC Filing

LLOYD ROBERT W 4

Accession 0001209191-21-030960

CIK 0000079282other

Filed

May 6, 8:00 PM ET

Accepted

May 7, 5:00 PM ET

Size

8.5 KB

Accession

0001209191-21-030960

Insider Transaction Report

Form 4
Period: 2021-05-06
LLOYD ROBERT W
Vice President/General Counsel
Transactions
  • Sale

    Common Stock, $.10 par value

    2021-05-06$53.52/sh9,629$515,34430,904 total
Holdings
  • Common Stock, $.10 par value (2010 SIP)

    43,980
  • Common Stock, $.10 par value (PSP)

    21,048
  • Common Stock, $10 par value (2019 SIP)

    5,282
Footnotes (5)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $53.50 to $53.69, inclusive. The Reporting Person undertakes to provide Brown & Brown, Inc., any security holder of Brown & Brown, inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F2]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.
  • [F3]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("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.
  • [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 these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.
  • [F5]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.

Issuer

BROWN & BROWN, INC.

CIK 0000079282

Entity typeother

Related Parties

1
  • filerCIK 0001379596

Filing Metadata

Form type
4
Filed
May 6, 8:00 PM ET
Accepted
May 7, 5:00 PM ET
Size
8.5 KB