4//SEC Filing
BROWN & BROWN INC 4
Accession 0001225208-14-007607
$BROCIK 0000079282operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 2:15 PM ET
Size
11.9 KB
Accession
0001225208-14-007607
Insider Transaction Report
Form 4
WALKER CORY T
CFO, Sr. VP & Treasurer
Transactions
- Tax Payment
Common Stock, $.10 par value
2014-03-04$29.93/sh−19,316$578,128→ 184,414 total
Holdings
- 29,080(indirect: By 401(k))
Common Stock, $.10 par value
- 27,300(indirect: By IRA)
Common Stock, $.10 par value
- 5,411
Stock Options
Exercise: $18.48From: 2013-08-01Exp: 2013-02-26→ Common Stock, $.10 par value (5,411 underlying) - 76,968
Common Stock, $.10 par value (Jointly Owned)
- 17,316
Common Stock, $.10 par value (PSP)
- 66,998
Common Stock, $.10 par value (SIP)
- 20,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying)
Footnotes (7)
- [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 57,464 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]Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.
- [F6]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F7]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
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 2:15 PM ET
- Size
- 11.9 KB