LLOYD ROBERT W 4
4 · BROWN & BROWN, INC. · Filed Feb 25, 2022
Insider Transaction Report
Form 4
LLOYD ROBERT W
Vice President/General Counsel
Transactions
- Tax Payment
Common Stock, $.10 par value
2022-02-24$64.23/sh−6,921$444,536→ 43,417 total
Holdings
- 45,427
Common Stock, $.10 par value (2010 SIP)
- 21,399
Common Stock, $10 par value (2019 SIP)
- 21,048
Common Stock, $.10 par value (PSP)
Footnotes (5)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 18,885 shares of stock under the Company's 2010 Stock Incentive Plan ("2010 SIP").
- [F2]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.
- [F3]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.
- [F4]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.
- [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.