4//SEC Filing
BROWN & BROWN INC 4
Accession 0001225208-14-002292
$BROCIK 0000079282operating
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 4:24 PM ET
Size
16.0 KB
Accession
0001225208-14-002292
Insider Transaction Report
Form 4
LYDECKER CHARLIE
Regional Executive VP
Transactions
- Award
Common Stock, $.10 par value (SIP)
2014-01-22+9,214→ 127,579 total
Holdings
- 20,000
Stock Options
Exercise: $18.48From: 2013-08-01Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 20,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 59,588
Common Stock, $.10 par value (PSP)
- 13,736(indirect: By 401(k))
Common Stock, $.10 par value
- 51,932
Common Stock, $.10 par value
- 24(indirect: By Children)
Common Stock, $.10 par value
- 20,000
Stock Options
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 14,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (14,589 underlying) - 265,065
Common Stock, $.10 par value (Jointly Owned)
- 20,000
Stock Options
Exercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying)
Footnotes (8)
- [F1]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan. Full ownership will not vest until the satisfaction of certain conditions established in connection with this grant.
- [F2]A total of 1,516 of these shares were acquired through the Company's Employee Stock Purchase Plan ("ESPP") in August 2011 and a total of 1,512 were acquired through the ESPP on August 2012. Number of shares may vary due to dividend reinvestment.
- [F3]Owned jointly with spouse.
- [F4]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.
- [F5]Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.
- [F6]Reporting Person disclaims beneficial ownership of securities owned by children who share Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose
- [F7]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F8]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
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 4:24 PM ET
- Size
- 16.0 KB