0001208478-17-000003.txt : 20170918
0001208478-17-000003.hdr.sgml : 20170918
20170918085025
ACCESSION NUMBER: 0001208478-17-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170915
FILED AS OF DATE: 20170918
DATE AS OF CHANGE: 20170918
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: 171089099
MAIL ADDRESS:
STREET 1: 220 S RIDGEWOOD AVE
CITY: DAYTONA BEACH
STATE: FL
ZIP: 32114-4318
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
4
1
wf-form4_150573901078647.xml
FORM 4
X0306
4
2017-09-15
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
2017-09-15
4
M
0
105000
18.48
A
1222802
D
Common Stock, $.10 par value
2017-09-15
4
F
0
65627
46.34
D
1157175
D
Common Stock, $.10 par value (SIP)
228204
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
2017-09-15
4
M
0
35000
0
D
2013-08-01
2018-02-26
Common Stock, $.10 par value
35000.0
0
D
Stock Options
18.48
2017-09-15
4
M
0
35000
0
D
2016-09-07
2018-02-26
Common Stock, $.10 par value
35000.0
0
D
Stock Options
18.48
2017-09-15
4
M
0
35000
0
D
2013-03-07
2018-02-26
Common Stock, $.10 par value
35000.0
0
D
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.
These securities were granted pursuant to the Company's 2010 Stock Incentive Plan. 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.
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").
J. Powell Brown
2017-09-18