4//SEC Filing
LYDECKER CHARLIE 4
Accession 0001225208-12-024973
CIK 0000079282other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 4:35 PM ET
Size
13.7 KB
Accession
0001225208-12-024973
Insider Transaction Report
Form 4
LYDECKER CHARLIE
Regional Executive VP
Transactions
- Tax Payment
Common Stock, $.10 par value (PSP)
2012-12-06$26.41/sh−2,916$77,012→ 109,562 total
Holdings
- 80,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (80,000 underlying) - 13,599(indirect: By 401(k))
Common Stock, $.10 par value
- 238,037
Common Stock, $.10 par value (Jointly Owned)
- 24(indirect: By Children)
Common Stock, $.10 par value
- 14,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (14,589 underlying) - 5,084
Common Stock, $.10 par value
- 50,127
Common Stock, $.10 par value (SIP)
- 50,000
Stock Options
Exercise: $15.78From: 2012-12-23Exp: 2013-03-24→ Common Stock, $.10 par value (50,000 underlying)
Footnotes (9)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 8,000 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 1,516 of these shares were acquired through the Company's Employee Stock Purchase Plan ("ESPP") in August 2011 and 1,512 in August 2012. Number of shares may vary due to dividend reinvestment.
- [F4]Owned jointly with spouse.
- [F5]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performance-based conditions established in connection with this grant.
- [F6]Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.
- [F7]Reporting Person disclaims beneficial ownership of securities owned by children who share 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
- [F8]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F9]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 0001208262
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 4:35 PM ET
- Size
- 13.7 KB