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4//SEC Filing

BROWN & BROWN INC 4

Accession 0001225208-16-035667

$BROCIK 0000079282operating

Filed

Jun 26, 8:00 PM ET

Accepted

Jun 27, 5:01 PM ET

Size

8.4 KB

Accession

0001225208-16-035667

Insider Transaction Report

Form 4
Period: 2016-06-24
FREEBOURN RICHARD
Vice President
Transactions
  • Sale

    Common Stock, $.10 par value

    2016-06-24$35.69/sh27,569$983,9840 total(indirect: By 401(k))
Holdings
  • Common Stock, $.10 par value (PSP)

    1,512
  • Common Stock, $.10 par value

    3,518
  • Common Stock, $.10 par value (SIP)

    17,528
  • Common Stock, $.10 par value (Jointly Owned)

    55,613
Footnotes (5)
  • [F1]Based upon information supplied by the Plan recordkeeper on June 27, 2016. Number of shares varies periodically based on contributions to plan.
  • [F2]A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. Number of shares may vary due to dividend reinvestment.
  • [F3]Owned jointly with spouse.
  • [F4]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.
  • [F5]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of additional conditions established in connection with these grants. This amount does not include 20,937 shares that were granted on July 1, 2013 pursuant to the SIP that have not yet satisfied the performance-based conditions established in connection with this grant.

Documents

1 file

Issuer

BROWN & BROWN INC

CIK 0000079282

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000079282

Filing Metadata

Form type
4
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 5:01 PM ET
Size
8.4 KB