Filing Details
- Accession Number:
- 0001225208-13-008292
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-25 14:34:16
- Reporting Period:
- 2013-03-22
- Filing Date:
- 2013-03-25
- Accepted Time:
- 2013-03-25 14:34:16
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 79282 | Brown & Brown Inc | BRO | Insurance Agents, Brokers & Service (6411) | 590864469 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1180023 | Scott Jerome Penny | 220 S. Ridgewood Ave. Daytona Beach FL 32114 | Regional President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $.10 Par Value | Disposition | 2013-03-22 | 15,000 | $31.49 | 45,315 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, $.10 Par Value (Jointly Owned) | 129,363 | Direct | |
| Common Stock, $.10 Par Value (Psp) | 114,288 | Direct | |
| Common Stock, $.10 Par Value (Sip) | 50,127 | Direct | |
| Common Stock, $.10 Par Value | 28,143 | Indirect | By 401k |
| Common Stock, $.10 Par Value | 96 | Indirect | Children |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, $.10 Par Value | Stock Options | $18.48 | 2013-03-07 | 2013-02-26 | 20,000 | 20,000 | Direct |
| Common Stock, $.10 Par Value | Stock Options | $18.48 | 2017-11-26 | 2018-02-26 | 40,000 | 40,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2013-02-26 | 20,000 | 20,000 | Direct |
| 2018-02-26 | 40,000 | 40,000 | Direct |
Footnotes
- Number of shares may vary due to dividend reinvestment.
- Owned jointly with spouse.
- 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.
- These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performance-based conditions established in connection with this grant.
- Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.
- Reporting Person disclaims beneficial ownership in shares owned by children who share Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
- Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
- These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
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