Filing Details

Accession Number:
0000079282-10-000041
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-26 13:00:00
Reporting Period:
2010-07-22
Filing Date:
2010-07-26
Accepted Time:
2010-07-26 16:12:25
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
1134921 W Jim Henderson 220 S Ridgewood Ave
Daytona Beach FL 32114
Vice Chairman And Coo 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 2010-07-22 16,491 $20.06 418,973 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 54,115 Direct
Common Stock, $.10 Par Value 217,990 Direct
Common Stock, $.10 Par Value 250,000 Indirect 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $15.78 2008-01-22 2013-03-24 6,336 6,336 Direct
Common Stock Stock Options $15.78 2009-01-22 2013-03-24 6,336 6,336 Direct
Common Stock Stock Options $18.48 2017-11-26 2018-02-26 200,000 200,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-03-24 6,336 6,336 Direct
2013-03-24 6,336 6,336 Direct
2018-02-26 200,000 200,000 Direct
Footnotes
  1. These shares are owned jointly with spouse.
  2. 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 may have 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.
  3. Number of shares may vary periodically based on contributions to plan.
  4. Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
  5. These options vest and become exercisable on 11/26/17, unless vesting is accelerated based on the satisfaction of conditions established pursuant to the Plan.