BROWN & BROWN INC 4
4 · BROWN & BROWN INC · Filed Dec 30, 2013
Insider Transaction Report
Form 4
DOWNS LINDA S
Executive Vice President
Transactions
- Gift
Common Stock, $.10 par value
2013-12-30−4,696→ 412,776 total
Holdings
- 61,876
Common Stock, $.10 par value (PSP)
- 118,365
Common Stock, $.10 par value (SIP)
- 22,000
Stock Options
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying) - 16,589
Stock Options
Exercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock, $.10 par value (16,589 underlying) - 16,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (16,589 underlying) - 44,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (44,000 underlying)
Footnotes (5)
- [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]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.