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4//SEC Filing

DOWNS LINDA S 4

Accession 0001225208-13-007425

CIK 0000079282other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 3:29 PM ET

Size

9.5 KB

Accession

0001225208-13-007425

Insider Transaction Report

Form 4
Period: 2013-03-08
DOWNS LINDA S
Executive Vice President
Transactions
  • Sale

    Common Stock, $.10 par value

    2013-03-08$30.18/sh50,000$1,509,000410,895 total
Holdings
  • Common Stock, $.10 par value (SIP)

    50,127
  • Stock Options

    Exercise: $18.48From: 2010-11-11Exp: 2018-02-26Common Stock, $.10 par value (16,589 underlying)
    16,589
  • Stock Options

    Exercise: $18.48From: 2017-11-26Exp: 2018-02-26Common Stock, $.10 par value (88,000 underlying)
    88,000
  • Common Stock, $.10 par value (PSP)

    87,850
Footnotes (5)
  • [F1]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.
  • [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]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.
  • [F4]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
  • [F5]These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.

Documents

1 file

Issuer

BROWN & BROWN INC

CIK 0000079282

Entity typeother

Related Parties

1
  • filerCIK 0001206301

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 3:29 PM ET
Size
9.5 KB