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
  1. Number of shares may vary due to dividend reinvestment.
  2. Owned jointly with spouse.
  3. 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.
  4. 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.
  5. Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.
  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 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.