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