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BROWN & BROWN, INC. Director's Dealing 2022

Jan 3, 2022

30146_dirs_2022-01-03_c6a980ee-9a8b-4b4b-9363-954384350e02.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: 2022-01-01

Reporting Person: Brown P Barrett (EVP and Pres.- Retail Segment)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-01 Common Stock, $10 par value (2019 SIP) A 28457 $0.00 Acquired 33739 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $.10 par value (2010 SIP) 45264 Direct
Common Stock, $.10 par value (PSP) 2164 Direct
Common Stock, $.10 par value 10255 Indirect
Common Stock, $.10 par value 2324 Indirect
Common Stock, $.10 par value 1303262 Direct

Footnotes

F1: These securities were granted pursuant to the Company's 2019 Stock Incentive Plan ("2019 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.

F2: These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("2010 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.

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: Based upon information supplied by the plan record keeper as of June 30, 2021. Number of shares varies periodically based on contributions to plan.

F5: Reporting person disclaims beneficial ownership of securities owned by children who share the 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.

F6: A total of 549 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2021. Number of shares may vary due to dividend reinvestment.