Watts R. Andrew 4
4 · BROWN & BROWN, INC. · Filed Feb 20, 2024
Insider Transaction Report
Form 4
Watts R. Andrew
EVP, CFO and Treasurer
Transactions
- Award
Common Stock, $.10 par value (2019 SIP)
2024-02-19+27,608→ 92,897 total - Award
Common Stock, $.10 par value (2019 SIP)
2024-02-19+3,930→ 96,827 total
Holdings
- 35,581
Common Stock, $.10 par value (2010 SIP)
- 69,007
Common Stock, $.10 par value
- 2,383(indirect: By Trust)
Common Stock, $.10 par value
Footnotes (4)
- [F1]These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 SIP"). The initial grant was made on February 23, 2021, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On February 19, 2024, 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]A total of 395 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2023. Number of shares may vary due to dividend reinvestment. Amount reflects the correction of a clerical error in a filing made on December 19, 2023 that understated the Reporting Person's direct holdings by one share.