$BRO·4

BROWN & BROWN INC · Dec 16, 2:08 PM ET

BROWN & BROWN INC 4

4 · BROWN & BROWN INC · Filed Dec 16, 2014

Insider Transaction Report

Form 4
Period: 2014-12-15
DOWNS LINDA S
Executive Vice President
Transactions
  • Gift

    Common Stock, $.10 par value

    2014-12-157,086438,517 total
Holdings
  • Stock Options

    Exercise: $18.48From: 2013-03-07Exp: 2018-02-26Common Stock, $.10 par value (22,000 underlying)
    22,000
  • Stock Options

    Exercise: $18.48From: 2017-11-26Exp: 2018-02-26Common Stock, $.10 par value (22,000 underlying)
    22,000
  • Stock Options

    Exercise: $18.48From: 2013-08-01Exp: 2018-02-26Common Stock, $.10 par value (22,000 underlying)
    22,000
  • Stock Options

    Exercise: $18.48From: 2010-11-11Exp: 2018-02-26Common Stock, $.10 par value (16,589 underlying)
    16,589
  • Common Stock, $.10 par value (PSP)

    10,404
  • Common Stock, $.10 par value (SIP)

    118,365
  • Stock Options

    Exercise: $18.48From: 2011-04-15Exp: 2018-02-26Common Stock, $.10 par value (16,589 underlying)
    16,589
Footnotes (5)
  • [F1]A total of 955 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2014. Number of shares may vary due to dividend reinvestment.
  • [F2]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.
  • [F3]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.
  • [F4]Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
  • [F5]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
  • 4
    doc4.xmlPrimary