Home/Filings/4/0001209191-22-012301
4//SEC Filing

PENNY JEROME SCOTT 4

Accession 0001209191-22-012301

CIK 0000079282other

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 5:00 PM ET

Size

12.3 KB

Accession

0001209191-22-012301

Insider Transaction Report

Form 4
Period: 2022-02-21
PENNY JEROME SCOTT
Regional Executive VP
Transactions
  • Award

    Common Stock, $.10 par value (2010 SIP)

    2022-02-21+22,87268,218 total
  • Award

    Common Stock, $10 par value (2019 SIP)

    2022-02-21+1,88935,628 total
Holdings
  • Common Stock, $.10 par value

    (indirect: By Children)
    192
  • Common Stock, $.10 par value (PSP)

    34,632
  • Common Stock, $.10 par value

    188,514
  • Common Stock, $.10 par value (Jointly Owned)

    357,056
  • Common Stock, $.10 par value

    (indirect: By 401(k))
    19,367
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 25, 2019, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 21, 2022, 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]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.
  • [F5]Based upon information supplied by the plan record keeper as of December 31, 2021. Number of shares may vary due to dividend reinvestment.
  • [F6]A total of 549 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2021. Number of shares may vary due to dividend reinvestment.
  • [F7]Owned jointly with spouse.
  • [F8]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.

Issuer

BROWN & BROWN, INC.

CIK 0000079282

Entity typeother

Related Parties

1
  • filerCIK 0001180023

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:00 PM ET
Size
12.3 KB