4//SEC Filing
BROWN & BROWN INC 4
Accession 0001225208-13-026054
$BROCIK 0000079282operating
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 11:55 AM ET
Size
12.8 KB
Accession
0001225208-13-026054
Insider Transaction Report
Form 4
DOWNS LINDA S
Executive Vice President
Transactions
- Exercise/Conversion
Stock Options
2013-12-26$18.48/sh−5,411$99,995→ 16,589 totalExercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock, $.10 par value (5,411 underlying) - Exercise/Conversion
Common Stock, $.10 par value
2013-12-26$18.48/sh+5,411$99,995→ 417,472 total
Holdings
- 44,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (44,000 underlying) - 61,876
Common Stock, $.10 par value (PSP)
- 22,000
Stock Options
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying) - 118,365
Common Stock, $.10 par value (SIP)
- 16,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (16,589 underlying)
Footnotes (5)
- [F1]A total of 1,166 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2013. 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]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
Issuer
BROWN & BROWN INC
CIK 0000079282
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000079282
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 11:55 AM ET
- Size
- 12.8 KB