0001180023-17-000004.txt : 20170227
0001180023-17-000004.hdr.sgml : 20170227
20170227165444
ACCESSION NUMBER: 0001180023-17-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170224
FILED AS OF DATE: 20170227
DATE AS OF CHANGE: 20170227
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: 220 S. RIDGEWOOD AVE.
CITY: DAYTONA BEACH
STATE: FL
ZIP: 32114
BUSINESS PHONE: 386-252-9601
MAIL ADDRESS:
STREET 1: 220 S. RIDGEWOOD AVE.
CITY: DAYTONA BEACH
STATE: FL
ZIP: 32114
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PENNY JEROME SCOTT
CENTRAL INDEX KEY: 0001180023
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13619
FILM NUMBER: 17642640
MAIL ADDRESS:
STREET 1: 220 S. RIDGEWOOD AVE
CITY: DAYTONA BEACH
STATE: FL
ZIP: 32114
4
1
wf-form4_148823246947239.xml
FORM 4
X0306
4
2017-02-24
0
0000079282
BROWN & BROWN INC
BRO
0001180023
PENNY JEROME SCOTT
220 S. RIDGEWOOD AVE.
DAYTONA BEACH
FL
32114
0
1
0
0
EVP,Chief Acquisitions Officer
Common Stock, $.10 par value (SIP)
2017-02-24
4
A
0
1853
0
A
78511
D
Common Stock, $.10 par value
44672
D
Common Stock, $.10 par value (PSP)
31028
D
Common Stock, $.10 par value
96
I
Children
Common Stock, $.10 par value
9385
I
By 401k
Common Stock, $.10 par value (Jointly Owned)
148989
D
Stock Options
18.48
2016-09-07
2018-02-26
Common Stock, $.10 par value
20000.0
20000
D
These securities were granted pursuant to the Company's 2010 Stock Incentive Plan ("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.
A total of 855 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2016. Number of shares may vary due to dividend reinvestment.
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.
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.
Based upon information supplied by the plan record keeper as of December 31, 2016. Number of shares varies periodically based on contributions to plan.
Owned jointly with spouse.
Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
These options became exercisable on September 7, 2016 pursuant to the satisfaction of performance-based conditions established in connection with this grant.
J. Scott Penny
2017-02-27