AI assistant
BROWN & BROWN, INC. — Director's Dealing 2010
Apr 26, 2010
30146_dirs_2010-04-26_e2eae0f2-ed77-4f3d-a0ee-879797071ef1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN & BROWN INC (BRO)
CIK: 0000079282
Period of Report: 2010-04-22
Reporting Person: KIRK KENNETH D (Regional President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-04-22 | Common Stock, $.10 par value | S | 150000 | $19.5567 | Disposed | 725036 | Indirect |
| 2010-04-23 | Common Stock, $.10 par value | S | 75000 | $19.926 | Disposed | 650036 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.10 par value | 4373 | Indirect |
| Common Stock, $.10 par value | 290018 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $15.78 | 2013-03-23 | Common Stock (100118) | 100118 | Direct |
| Stock Options | $15.78 | 2013-03-23 | Common Stock (13282) | 13282 | Direct |
| Stock Options | $18.48 | 2018-02-26 | Common Stock (115000) | 115000 | Direct |
Footnotes
F1: Number of shares may vary periodically based on contributions to plan.
F2: These securities were granted at various dateS pursuant to the Company's Performance Stock Plan. Based on the satisfaction of conditions established pursuant to that Plan, Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares, but full ownership will not vest until the satisfactoin of additional conditions.
F3: Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
F4: These options vest and become exercisable on 11/26/17 unless accelerated based on satisfaction of conditions established pursuant to the Plan.