GRAMMIG LAUREL L 4
4 · BROWN & BROWN INC · Filed Mar 28, 2013
Insider Transaction Report
Form 4
GRAMMIG LAUREL L
VP, Sec & Chief Corp. Counsel
Transactions
- Sale
Common Stock, $.10 par value
2013-03-27$31.80/sh−17,298$550,111→ 64,690 total
Holdings
- 46,460(indirect: By 401(k))
Common Stock, $.10 par value
- 40,642
Common Stock, $.10 par value (PSP)
- 12,534
Common Stock, $.10 par value (SIP)
Footnotes (4)
- [F1]Number of shares may vary due to dividend reinvestment.
- [F2]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 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]Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.