4//SEC Filing
BRIDGES C ROY 4
Accession 0001225208-12-024963
CIK 0000079282other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 4:09 PM ET
Size
11.0 KB
Accession
0001225208-12-024963
Insider Transaction Report
Form 4
BRIDGES C ROY
Regional Executive VP
Transactions
- Tax Payment
Common Stock, $.10 par value (PSP)
2012-12-06$26.41/sh−21,433$566,046→ 101,578 total
Holdings
- 62,567
Common Stock, $.10 par value
- 20,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (20,589 underlying) - 810(indirect: By Spouse)
Common Stock, $.10 par value
- 104,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (104,000 underlying) - 126,016
Stock Options
Exercise: $15.78From: 2012-12-23Exp: 2013-03-24→ Common Stock, $.10 par value (126,016 underlying)
Footnotes (6)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 58,800 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
- [F2]These securities were granted pursuant to the Company's PSP. Based on the satisfaction of conditions established pursuant to the PSP, the Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.
- [F3]A total of 1,512 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2012. Number of shares may vary due to dividend reinvestment.
- [F4]Reporting Person disclaims beneficial ownership in shares owned by Spouse of Reporting Person.
- [F5]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F6]These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
Documents
Issuer
BROWN & BROWN INC
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001179947
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 4:09 PM ET
- Size
- 11.0 KB