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4//SEC Filing

BROWN & BROWN INC 4

Accession 0001225208-17-000115

$BROCIK 0000079282operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:03 PM ET

Size

7.5 KB

Accession

0001225208-17-000115

Insider Transaction Report

Form 4
Period: 2017-01-01
FREEBOURN RICHARD
Vice President
Transactions
  • Tax Payment

    Common Stock, $.10 par value

    2017-01-01$44.86/sh691$30,9985,797 total
Holdings
  • Common Stock, $.10 par value (Jointly Owned)

    30,613
  • Common Stock, $.10 par value (PSP)

    1,512
  • Common Stock, $.10 par value (SIP)

    15,413
Footnotes (5)
  • [F1]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 2,115 shares of stock under the Company's 2010 Stock Incentive Plan ("SIP").
  • [F2]A total of 855 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2016. 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 SIP. Full ownership will not vest until the satisfaction of additional 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
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:03 PM ET
Size
7.5 KB