0001208478-17-000002.txt : 20170227
0001208478-17-000002.hdr.sgml : 20170227
20170227090600
ACCESSION NUMBER: 0001208478-17-000002
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: BROWN J POWELL
CENTRAL INDEX KEY: 0001208478
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13619
FILM NUMBER: 17639787
MAIL ADDRESS:
STREET 1: 220 S RIDGEWOOD AVE
CITY: DAYTONA BEACH
STATE: FL
ZIP: 32114-4318
4
1
wf-form4_148820434513616.xml
FORM 4
X0306
4
2017-02-24
0
0000079282
BROWN & BROWN INC
BRO
0001208478
BROWN J POWELL
220 S. RIDGEWOOD AVENUE
DAYTONA BEACH
FL
32114
1
1
0
0
President and CEO
Common Stock, $.10 par value (SIP)
2017-02-24
4
A
0
8690
0
A
228204
D
Common Stock, $.10 par value
1117118
D
Common Stock, $.10 par value
10587
I
Children
Common Stock, $.10 par value (PSP)
49192
D
Common Stock, $.10 par value
18639
I
By 401k
Stock Options
18.48
2013-08-01
2018-02-26
Common Stock, $.10 par value
35000.0
35000
D
Stock Options
18.48
2016-09-07
2018-02-26
Common Stock, $.10 par value
35000.0
35000
D
Stock Options
18.48
2013-03-07
2018-02-26
Common Stock, $.10 par value
35000.0
35000
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.
The 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
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 service-based conditions.
Based upon information supplied by the Plan record keeper as of December 31, 2016. 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 became exercisable on September 7, 2016 pursuant to the satisfaction of performance-based conditions established in connection with this grant.
J. Powell Brown
2017-02-27