4//SEC Filing
BROWN & BROWN INC 4
Accession 0001225208-13-026171
$BROCIK 0000079282operating
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 5:15 PM ET
Size
17.3 KB
Accession
0001225208-13-026171
Insider Transaction Report
Form 4
WALKER CORY T
CFO, Sr. VP & Treasurer
Transactions
- Exercise/Conversion
Stock Options
2013-12-31$18.48/sh−14,589$269,605→ 5,411 totalExercise: $18.48From: 2013-08-01Exp: 2013-02-26→ Common Stock, $.10 par value (14,589 underlying) - Gift
Common Stock, $.10 par value
2013-12-30−1,000→ 111,677 total - Exercise/Conversion
Common Stock, $.10 par value
2013-12-31$18.48/sh+14,589$269,605→ 146,266 total - Exercise/Conversion
Stock Options
2013-12-31$18.48/sh−20,000$369,600→ 0 totalExercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - Exercise/Conversion
Common Stock, $.10 par value
2013-12-31$18.48/sh+20,000$369,600→ 131,677 total
Holdings
- 74,780
Common Stock, $.10 par value (PSP)
- 66,998
Common Stock, $.10 par value (SIP)
- 27,300(indirect: By IRA)
Common Stock, $.10 par value
- 76,968
Common Stock, $.10 par value (Jointly Owned)
- 28,705(indirect: By 401(k))
Common Stock, $.10 par value
- 20,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying)
Footnotes (6)
- [F1]A total of 1,166 of these shares were acquired through the Company's Employee Stock Purchase Plan ("ESPP") in August 2013.
- [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.
- [F5]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F6]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 30, 7:00 PM ET
- Accepted
- Dec 31, 5:15 PM ET
- Size
- 17.3 KB