4//SEC Filing
Brown P Barrett 4
Accession 0001209191-23-011266
CIK 0000079282other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 5:02 PM ET
Size
13.2 KB
Accession
0001209191-23-011266
Insider Transaction Report
Form 4
Brown P Barrett
EVP and Pres.- Retail Segment
Transactions
- Award
Common Stock, $.10 par value (2019 SIP)
2023-02-20+15,460→ 51,088 total - Award
Common Stock, $.10 par value (2019 SIP)
2023-02-20+2,167→ 53,255 total
Holdings
- 37,849
Common Stock, $.10 par value (2010 SIP)
- 1,317,173
Common Stock, $.10 par value
- 10,440(indirect: By 401(k))
Common Stock, $.10 par value
- 2,164
Common Stock, $.10 par value (PSP)
- 2,201,877(indirect: By Trust)
Common Stock, $.10 par value
- 2,324(indirect: By Children)
Common Stock, $.10 par value
Footnotes (8)
- [F1]These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 21, 2020, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 20, 2023, 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 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.
- [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]A total of 460 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2022. Number of shares may vary due to dividend reinvestment.
- [F6]These shares are held by the James Hyatt Brown Nongrantor Charitable Lead Annuity Trust, of which the Reporting Person is a trustee and remainder beneficiary.
- [F7]Based upon information supplied by the plan record keeper as of December 31, 2022. Number of shares varied periodically based on contributions to the plan.
- [F8]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.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001799832
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 5:02 PM ET
- Size
- 13.2 KB