4//SEC Filing
BROWN & BROWN INC 4
Accession 0001225208-14-004506
$BROCIK 0000079282operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 3:41 PM ET
Size
13.4 KB
Accession
0001225208-14-004506
Insider Transaction Report
Form 4
DOWNS LINDA S
Executive Vice President
Transactions
- Tax Payment
Common Stock, $.10 par value
2014-02-11$29.26/sh−19,114$559,276→ 443,978 total
Holdings
- 11,560
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) - 22,000
Stock Options
Exercise: $18.48From: 2013-08-01Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying) - 16,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (16,589 underlying) - 22,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying)
Footnotes (6)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 50,316 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
- [F2]Number of shares may vary due to dividend reinvestment.
- [F3]These securities were granted pursuant to the Company's 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.
- [F4]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.
- [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
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 3:41 PM ET
- Size
- 13.4 KB