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BROWN & BROWN, INC. — Director's Dealing 2018
Jan 2, 2018
30146_dirs_2018-01-02_e45b9619-052e-4aad-80db-e13b3fc27569.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: 2018-01-01
Reporting Person: STRIANESE ANTHONY T (EVP and Pres. Wholesale Div.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-01 | Common Stock, $.10 par value | F | 2575 | $51.46 | Disposed | 31612 | Direct |
| 2018-01-01 | Common Stock, $.10 par value | F | 1569 | $51.46 | Disposed | 30043 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $.10 par value (SIP) | 79205 | Direct |
| Common Stock, $.10 par value (PSP) | 15152 | Direct |
Footnotes
F1: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 9,144 shares of stock under the Company's Performance Stock Plan ("PSP").
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: Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 5,570 shares of stock under the Company's 2010 Stock Incentive Plan ("SIP").
F4: These securities were granted pursuant to the Company's SIP. 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.
F5: These securities were granted pursuant to the Company's 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.