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

May 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN & BROWN INC (BRO)
CIK: 0000079282
Period of Report: 2016-05-25

Reporting Person: STRIANESE ANTHONY T (EVP and Pres. Wholesale Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Common Stock, $.10 par value	S	2700.0000	$35.6400	Disposed	30435.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.10 par value (PSP)	24296.0000	Direct
Common Stock, $.10 par value (SIP)	87448.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$18.4800	2018-02-26	Common Stock, $.10 par value (10000.0000)	10000.0000	Direct
Stock Options	$18.4800	2018-02-26	Common Stock, $.10 par value (20000.0000)	20000.0000	Direct
Stock Options	$18.4800	2018-02-26	Common Stock, $.10 par value (20000.0000)	20000.0000	Direct

Footnotes

F1: 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. This amount reflects the transfer by Reporting Person of 5,764 shares in May 2016 pursuant to a domestic relations order.

F2: 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.

F3: 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 this grant. This amount does not include 37,221 shares that were granted on July 1, 2013 pursuant to the SIP that have not yet statisfied the performance-based conditions established in connection with this grant.

F4: Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").

F5: These options vest and become exercisable on November 26, 2017, unless accelerated based on satisfaction of conditions established pursuant to the Plan.