-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QtDOY67Gyel6tsoj9t9NQSH0c0ly9jdnitduhPTDkEe+0RH/mEWdGgAguj3RWKLZ BCX6Q3fg9dzJoGhyUjzz8w== 0000079282-09-000050.txt : 20091216 0000079282-09-000050.hdr.sgml : 20091216 20091216151448 ACCESSION NUMBER: 0000079282-09-000050 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091215 FILED AS OF DATE: 20091216 DATE AS OF CHANGE: 20091216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROWN J POWELL CENTRAL INDEX KEY: 0001208478 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13619 FILM NUMBER: 091244347 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN & BROWN INC CENTRAL INDEX KEY: 0000079282 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 590864469 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: PO BOX 1348 CITY: TAMPA STATE: FL ZIP: 33601 BUSINESS PHONE: 8132224182 MAIL ADDRESS: STREET 1: PO BOX 1348 CITY: TAMPA STATE: FL ZIP: 33601 FORMER COMPANY: FORMER CONFORMED NAME: POE & BROWN INC DATE OF NAME CHANGE: 19930827 FORMER COMPANY: FORMER CONFORMED NAME: POE & ASSOCIATES INC DATE OF NAME CHANGE: 19920703 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2009-12-15 0 0000079282 BROWN & BROWN INC BRO 0001208478 BROWN J POWELL 220 S RIDGEWOOD AVE DAYTONA BEACH FL 32114 1 1 0 0 President and CEO Common Stock, $.10 par value 2009-12-15 5 G 0 E 1444 0 A 1041980 D Common Stock, $.10 par value 321872 D Common Stock, $.10 par value 3413 I Children Common Stock, $.10 par value 14235 I 401(k) Plan Stock Options 15.78 2013-03-22 2013-03-23 Common Stock 50000 50000 D Stock Options 18.48 2017-11-26 2018-02-26 Common Stock 175000 175000 D Number of shares may vary due to dividend reinvestment. These securities were granted pursuant to the Company's Performance Stock Plan, and do not vest unless and until certain performance-based conditions are satisfied. In the case of 207,040 of these shares, the second condition of vesting was extended to require 20, rather than 15, years of continued employment with the Company after the date of grant before full ownership of the securities can vest and the period in which the price of the Company's stock must increase by specified percentages in order to vest (the first condition of vesting) was extended from five to seven years. Once the first condition of vesting is met, the recipient has voting rights and dividend entitlement with respect to the shares as to which such condition has been satisifed. Reporting person disclaims beneficial ownership of securities 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. Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan. Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan"). These options vest and become exercisable on 11/26/17, unless vesting is accelerated based on satisfaction of certain performance-based conditions established pursuant to the Plan. J POWELL BROWN 2009-12-16 -----END PRIVACY-ENHANCED MESSAGE-----