Filing Details

Accession Number:
0001225208-16-030521
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-31 17:02:03
Reporting Period:
2016-03-29
Filing Date:
2016-03-31
Accepted Time:
2016-03-31 17:02:03
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
Evp,Chief Acquisitions Officer 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 (Jointly Owned) Disposition 2016-03-29 15,000 $35.41 164,040 No 4 S Direct
Common Stock, $.10 Par Value Disposition 2016-03-29 15,353 $35.65 9,390 No 4 I Indirect By 401k
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 I Indirect By 401k
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $.10 Par Value 34,589 Direct
Common Stock, $.10 Par Value (Psp) 55,488 Direct
Common Stock, $.10 Par Value (Sip) 119,448 Direct
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 2017-11-26 2018-02-26 20,000 20,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-02-26 20,000 20,000 Direct
Footnotes
  1. Owned jointly with spouse.
  2. Based upon information supplied by the plan recordkeeper as of March 29, 2016. Number of shares varies periodically based on contributions to plan.
  3. A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. Number of shares may vary due to dividend reinvestment.
  4. These securities were granted pursuant to the Company's 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.
  5. 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 a portion of these shares, but full ownership will not vest until the satisfaction of service-based conditions.
  6. 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.
  7. Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
  8. These options vest and become exercisable on November 26, 2017, unless accelerated based on satisfaction of conditions established pursuant to the Plan.