4//SEC Filing
LLOYD ROBERT W 4
Accession 0001379596-19-000010
CIK 0000079282other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:23 PM ET
Size
144.7 KB
Accession
0001379596-19-000010
Insider Transaction Report
Form 4
LLOYD ROBERT W
Vice President/General Counsel
Transactions
- Sale
Common Stock, $.10 par value
2019-03-06$29.29/sh−10,601$310,476→ 16,723 total
Holdings
- 21,048
Common Stock, $.10 par value (PSP)
- 80,788
Common Stock, $.10 par value (SIP)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $29.280 to $29.305, inclusive. The Reporting Person undertakes to provide Brown & Brown, Inc., any security holder of Brown & Brown, inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]A total of 1,120 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2018. Number of shares may vary due to dividend reinvestment.
- [F3]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.
- [F4]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 these shares, but full ownership will not vest until the satisfaction of service-based conditions.
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001379596
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:23 PM ET
- Size
- 144.7 KB