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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.