BROWN & BROWN INC 4

4 · BROWN & BROWN INC · Filed Mar 19, 2014

Form 4

Period: 2014-03-17

Regional Executive VP

Transactions

Exercise/Conversion
Stock Options
2014-03-17$18.48/sh−5,411$99,995→ 9,589 total
Exercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock, $.10 par value (5,411 underlying)
Exercise/Conversion
Stock Options
2014-03-17$18.48/sh−5,411$99,995→ 9,589 total
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (5,411 underlying)
Exercise/Conversion
Common Stock, $.10 par value
2014-03-17$18.48/sh+5,411$99,995→ 20,363 total
Exercise/Conversion
Common Stock, $.10 par value
2014-03-17$18.48/sh+5,411$99,995→ 25,774 total
Exercise/Conversion
Common Stock, $.10 par value
2014-03-17$18.48/sh+5,411$99,995→ 31,185 total
Exercise/Conversion
Stock Options
2014-03-17$18.48/sh−5,411$99,995→ 9,589 total
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (5,411 underlying)

Holdings

Common Stock, $.10 par value (PSP)
25,798
Common Stock, $.10 par value
(indirect: By Spouse)
86
Stock Options
Exercise: $18.48From: 2013-08-01Exp: 2018-02-26→ Common Stock, $.10 par value (15,000 underlying)
15,000
Common Stock, $.10 par value (SIP)
105,958
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (15,000 underlying)
15,000

Footnotes (6)

[F1]A total of 1,166 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2013. Number of shares may vary due to dividend reinvestment.
[F2]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.
[F3]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.
[F4]Reporting Person disclaims beneficial ownership in shares owned by Spouse of Reporting Person.
[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