BROWN & BROWN INC 4
4 · BROWN & BROWN INC · Filed Mar 3, 2014
Insider Transaction Report
Form 4
FREEBOURN RICHARD
Vice President
Transactions
- Tax Payment
Common Stock, $.10 par value (Jointly Owned)
2014-02-27$29.44/sh−60$1,766→ 47,697 total
Holdings
- 58,439
Common Stock, $.10 par value (SIP)
- 25,377(indirect: By 401(k))
Common Stock, $.10 par value
- 1,250(indirect: By Trust)
Common Stock, $.10 par value
- 1,944
Common Stock, $.10 par value (PSP)
Footnotes (5)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 216 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
- [F2]Owned jointly with spouse.
- [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]Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.