Home > Insider Trading > Filing (0000079282-11-000009)

Filing Details

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
1208262	Charlie Lydecker	220 S Ridgewood Ave Daytona Beach FL 32114	Regional Executive Vp	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
Common Stock, $.10 Par Value	Disposition	2010-12-30	4,200	$24.24	210,434	No	4	S	Direct
Common Stock, $.10 Par Value	Acquisiton	2010-12-30	5,411	$18.48	233,497	No	4	M	Direct
Common Stock, $.10 Par Value	Disposition	2010-12-31	6,348	$24.12	117,562	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Disposition	2010-12-30	5,411	$18.48	20,000	$18.48

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,589	2010-11-11	2018-02-26	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $.10 Par Value	13,441	Indirect	401(k) Plan
Common Stock, $.10 Par Value	24	Indirect	Children

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Options	$15.78	2013-03-23	2013-03-24	50,000	50,000	Direct
Common Stock	Stock Options	$18.48	2017-11-26	2018-02-26	80,000	80,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2013-03-24	50,000	50,000	Direct
2018-02-26	80,000	80,000	Direct

Footnotes

A total of 1,502 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2010. Number of shares may reflect reinvested dividends.
Owned jointly with spouse.
Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 24,000 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
These securities were granted pursuant to the 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.
Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.
Reporting person disclaims beneficial ownership of securities 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").
options vest and become exercisable on 11/26/17 unless accelerated based on satisfaction of conditions established pursuant to the Plan.