AI assistant
BROWN & BROWN, INC. — Director's Dealing 2016
Mar 1, 2016
30146_dirs_2016-03-01_76036227-e856-4f20-aee9-eac5eecd5c74.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: 2016-02-27
Reporting Person: FREEBOURN RICHARD (People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-27 | Common Stock, $.10 par value (Jointly Owned) | F | 60.0000 | $32.4500 | Disposed | 47931.0000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.10 par value | 3518.0000 | Direct |
| Common Stock, $.10 par value (PSP) | 1512.0000 | Direct |
| Common Stock, $.10 par value (SIP) | 58439.0000 | Direct |
| Common Stock, $.10 par value | 25887.0000 | Indirect |
Footnotes
F1: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 216 shares under the Company's Performance Stock Plan ("PSP").
F2: Owned jointly with spouse.
F3: A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. A total of 955 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2014. A total of 1,512 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2012. Number of shares may vary due to dividend reinvestment.
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. The Reporting Person has voting rights and dividend entitlement with respect to a portion of these shares, but full ownership will not vest until the satisfaction of additional conditions.
F6: Based upon information supplied by the Plan recordkeeper. Number of shares varies periodically based on contributions to plan.