BROWN & BROWN, INC. — Director's Dealing 2016

Jun 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN & BROWN INC (BRO)
CIK: 0000079282
Period of Report: 2016-06-24

Reporting Person: FREEBOURN RICHARD (EVP and People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-24	Common Stock, $.10 par value	S	27569.0000	$35.6917	Disposed	0.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 par value	3518.0000	Direct
Common Stock, $.10 par value (Jointly Owned)	55613.0000	Direct
Common Stock, $.10 par value (PSP)	1512.0000	Direct
Common Stock, $.10 par value (SIP)	17528.0000	Direct

Footnotes

F1: Based upon information supplied by the Plan recordkeeper on June 27, 2016. Number of shares varies periodically based on contributions to plan.

F2: A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. Number of shares may vary due to dividend reinvestment.

F3: Owned jointly with spouse.

F4: 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.

F5: These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of additional conditions established in connection with these grants. This amount does not include 20,937 shares that were granted on July 1, 2013 pursuant to the SIP that have not yet satisfied the performance-based conditions established in connection with this grant.