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BROWN & BROWN, INC. — Director's Dealing 2018
Feb 28, 2018
30146_dirs_2018-02-28_08c88cc4-47e8-4586-a40b-3dcd01e35788.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN & BROWN, INC. (BRO)
CIK: 0000079282
Period of Report: 2018-02-26
Reporting Person: PENNY JEROME SCOTT (EVP Chief Acquisitions Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-26 | Common Stock, $.10 par value (SIP) | A | 1512 | — | Acquired | 74453 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.10 par value | 67393 | Direct |
| Common Stock, $.10 par value (PSP) | 17316 | Direct |
| Common Stock, $.10 par value | 96 | Indirect |
| Common Stock, $.10 par value | 9490 | Indirect |
| Common Stock, $.10 par value (Jointly Owned) | 148989 | Direct |
Footnotes
F1: 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 these shares, but full ownership will not vest until the satisfaction of service-based conditions.
F2: A total of 684 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2017. Number of shares may vary due to dividend reinvestment.
F3: 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 these shares based on the satisfaction of certain performance-based criteria, but full ownership will not vest until the satisfaction of additional conditions.
F4: Reporting Person disclaims beneficial ownership in shares owned by children who share Reporting Person's household. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.
F5: Based upon information supplied by the plan record keeper as of December 31, 2017. Number of shares varies periodically based on contributions to plan.
F6: Owned jointly with spouse.