4//SEC Filing
STRIANESE ANTHONY T 4
Accession 0001407132-18-000006
CIK 0000079282other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 5:06 PM ET
Size
8.8 KB
Accession
0001407132-18-000006
Insider Transaction Report
Form 4
STRIANESE ANTHONY T
Regional Executive VP
Transactions
- Award
Common Stock, $.10 par value (SIP)
2018-08-03+49,628→ 204,494 total - Tax Payment
Common Stock, $.10 par value
2018-08-03$29.19/sh−3,255$95,013→ 59,653 total
Holdings
- 30,304
Common Stock, $.10 par value (PSP)
Footnotes (5)
- [F1]On March 28, 2018, Brown & Brown, Inc. effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.
- [F2]These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). The initial grant was made on July 1, 2013, but was subject to the satisfaction of performance-based conditions established in connection with this grant. On August 3, 2018, the Company confirmed the satisfaction of the performance-based conditions established in connection with this grant, and the Reporting Person has voting rights and dividend entitlement with respect to these shares, but full ownership will not vest until the satisfaction of additional service-based conditions.
- [F3]Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 8,270 shares of stock under the Company's SIP.
- [F4]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.
- [F5]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.
Documents
Issuer
BROWN & BROWN, INC.
CIK 0000079282
Entity typeother
Related Parties
1- filerCIK 0001407132
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 5:06 PM ET
- Size
- 8.8 KB