BROWN & BROWN, INC. — Director's Dealing 2003

Apr 17, 2003

4 1 form4.htm KEN KIRK FORM 4

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(Print or Type Responses)

1. Name and Address of Reporting Person* Kirk Kenneth D .	2. Issuer Name and Ticker or Trading Symbol Brown & Brown, Inc. (BRO)
								Director	10% Owner
							X	Officer (give title below)	Other (specify below)
							Regional Executive Vice President
(Last) (First) (Middle) 4041 N. Central Ave., Ste. 1500	3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)		4. Statement for Month/Day/Year April 15, 2003				7. Individual or Joint/Group Filing (Check Applicable Line)
			5. If Amendment, Date of Original (Month/Day/Year)				X	Form filed by One Reporting Person
(Street) Phoenix AZ 85012								Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/ Day/ Year)	3. Trans- action Code (Instr.8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Owner- ship (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.10 par value								125,650	I	Stock Performance Plan (1)
Common Stock, $.10 par value								1,228	D
Common Stock, $.10 par value	4/15/03		S		500	D	$35.51
Common Stock, $.10 par value	4/15/03		S		6,500	D	$35.52
Common Stock, $.10 par value	4/15/03		S		400	D	$35.53
Common Stock, $.10 par value	4/15/03		S		2,800	D	$35.54
Common Stock, $.10 par value	4/15/03		S		600	D	$35.55
Common Stock, $.10 par value	4/15/03		S		800	D	$35.56
Common Stock, $.10 par value	4/15/03		S		300	D	$35.57
Common Stock, $.10 par value	4/15/03		S		100	D	$35.59
Common Stock, $.10 par value	4/15/03		S		800	D	$35.60
Common Stock, $.10 par value	4/15/03		S		500	D	$35.65
Common Stock, $.10 par value	4/15/03		S		100	D	$35.70
Common Stock, $.10 par value	4/15/03		S		1,600	D	$35.74	535,371	I	Irrevocable Trust w/ Spouse
Common Stock, $.10 par value								768	I	401(k) Plan(2)

If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	(Over) SEC 1474 (9-02)

FORM 4 (continued) — 1. Title of Derivative Security (Instr. 3)	Table II ¾ Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) — 2. Conver- sion or Exercise Price of Deri- vative Security	4. Trans- action Code (Instr.8)		5. Number of Deriv- ative Securities Acquired (A) or Dis- posed of (D) (Instr. 3, 4 and 5)		6. Date Exer- cisable and Expiration Date (Month/Day/ Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Deriv- ative Secur- ity (Instr. 5)	9. Number of deriv- ative Secur- ities Bene- ficially Owned Follow- ing Reported Trans- action(s) (Instr. 4)	10. Owner- ship Form of Deri- vative Security: Direct (D) or Indirect (I) (Instr. 4)
		Code	V	(A)	(D)	Date Exer- cisable	Expira- tion Date	Title	Amount or Number of Shares
Stock Options(a)	$ 9.6719					4/21/01	4/20/10	Common Stock	10,340		D
	9.6719					4/21/02	4/20/10	Common Stock	10,340		D
	9.6719					4/21/03(b)	4/20/10	Common Stock	15,764		D
	9.6719					4/21/04(b)	4/20/10	Common Stock	10,340		D
	9.6719					4/21/05(b)	4/20/10	Common Stock	10,340		D
	9.6719					4/21/06(b)	4/20/10	Common Stock	10,340		D
	31.56					3/23/13(c)	3/24/13	Common Stock	56,700	124,164	D

Explanation of Responses:
(1) Granted pursuant to the Company’s Stock Performance Plan. Ownership will not vest until the satisfaction of conditions established pursuant to that
Plan. (2) Based upon information supplied as of 12/31/02 by the Plan’s recordkeeper. Number of shares varies periodically based on contributions to plan. (a) Granted by the Compensation Committee of the Board Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan"). Consideration for granted options is
grantee's performance and continued service with Company as specified in the Plan. (b) Due to the satisfaction of conditions established pursuant to the Plan, 15,764 options will vest and become exercisable on 4/21/03, and an additional 10,340 will vest on each of
4/21/04, 4/21/05 and 4/21/06, subject to grantee's continued service with Company as specified in the Plan. (c) These options vest and become exercisable on 3/23/13, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
		/S/ KENNETH D. KIRK	4/16/03
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations.	**Signature of Reporting Person	Date
	See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	KENNETH D. KIRK

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