BROWN & BROWN INC 4

4 · BROWN & BROWN INC · Filed Feb 28, 2014

Form 4

Period: 2014-02-27

Executive Vice President

Transactions

Tax Payment
Common Stock, $.10 par value
2014-02-27$29.44/sh−486$14,308→ 444,648 total

Holdings

Common Stock, $.10 par value (PSP)
10,404
Common Stock, $.10 par value (SIP)
118,365
Stock Options
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying)
22,000
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: 2013-08-01Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying)
22,000
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (16,589 underlying)
16,589
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (22,000 underlying)
22,000

Footnotes (6)

[F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 1,156 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. The Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares, but full ownership will not vest until the satisfaction of additional conditions.
[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

1 file