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4//SEC Filing

BROWN & BROWN INC 4

Accession 0001277177-17-000004

$BROCIK 0000079282operating

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 4:53 PM ET

Size

7.8 KB

Accession

0001277177-17-000004

Insider Transaction Report

Form 4
Period: 2017-02-27
FREEBOURN RICHARD
Vice President
Transactions
  • Tax Payment

    Common Stock, $.10 par value

    2017-02-27$43.42/sh60$2,6055,953 total
Holdings
  • Common Stock, $.10 par value (Jointly Owned)

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

    1,296
  • 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 216 shares of stock under the Company's Performance Stock Plan.
  • [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 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"). The Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of service-based conditions.

Issuer

BROWN & BROWN INC

CIK 0000079282

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000079282

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:53 PM ET
Size
7.8 KB