BROWN & BROWN INC 4
4 · BROWN & BROWN INC · Filed Dec 12, 2014
Insider Transaction Report
Form 4
LYDECKER CHARLIE
Regional Executive VP
Transactions
- Gift
Common Stock, $.10 par value (Jointly Owned)
2014-12-10−7,653→ 257,412 total
Holdings
- 59,588
Common Stock, $.10 par value (PSP)
- 13,736(indirect: By 401(k))
Common Stock, $.10 par value
- 20,000
Stock Options
Exercise: $18.48From: 2011-04-15Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 52,887
Common Stock, $.10 par value
- 127,579
Common Stock, $.10 par value (SIP)
- 24(indirect: By Children)
Common Stock, $.10 par value
- 20,000
Stock Options
Exercise: $18.48From: 2013-08-01Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 20,000
Stock Options
Exercise: $18.48From: 2017-11-26Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 20,000
Stock Options
Exercise: $18.48From: 2013-03-07Exp: 2018-02-26→ Common Stock, $.10 par value (20,000 underlying) - 14,589
Stock Options
Exercise: $18.48From: 2010-11-11Exp: 2018-02-26→ Common Stock, $.10 par value (14,589 underlying)
Footnotes (8)
- [F1]Owned jointly with spouse.
- [F2]A total of 1,166 of these shares were acquired through the Company's Employee Stock Purchase Plan ("ESPP") in July 2013 and a total of 955 were acquired through the ESPP on July 2014. Number of shares may vary due to dividend reinvestment.
- [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]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]Reporting Person disclaims beneficial ownership of securities owned by children who share Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose
- [F7]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- [F8]These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.