0001209191-20-004709.txt : 20200123 0001209191-20-004709.hdr.sgml : 20200123 20200123170012 ACCESSION NUMBER: 0001209191-20-004709 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200121 FILED AS OF DATE: 20200123 DATE AS OF CHANGE: 20200123 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: 20542828 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: BROWN & BROWN, INC DATE OF NAME CHANGE: 20171108 FORMER COMPANY: FORMER CONFORMED NAME: BROWN & BROWN INC DATE OF NAME CHANGE: 19990623 FORMER COMPANY: FORMER CONFORMED NAME: POE & BROWN INC DATE OF NAME CHANGE: 19930827 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-01-21 0 0000079282 BROWN & BROWN, INC. BRO 0001208478 BROWN J POWELL 220 SOUTH RIDGEWOOD AVENUE DAYTONA BEACH FL 32114 1 1 0 0 President and CEO Common Stock, $.10 par value 2019-12-17 5 G 0 E 800 0.00 A 2384501 D Common Stock, .10 par value 2019-12-31 5 G 0 E 3221 0.00 D 2381280 D Common Stock, $.10 par value 2019-12-31 5 G 0 E 3221 0.00 A 29003 I Children Common Stock, $.10 par value 2020-01-21 4 F 0 6396 41.41 D 2400176 D Common Stock, $.10 par value (PSP) 70960 D Common Stock, $.10 par value (SIP) 551219 D Common Stock, $.10 par value 40144 I 401k A total of 862 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2019. Number of shares may vary due to dividend reinvestment. This transaction involved a gift of securities by the Reporting Person to his children, who share the Reporting Persons household. Reporting Person disclaims beneficial ownership of securities owned by children who share Reporting Persons 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 reporting. Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 25,292 shares of stock under the Company's 2010 Stock Incentive Plan ("SIP"). 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. These securities were granted pursuant to the Company's 2010 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. Based upon information supplied by the plan record keeper as of December 31, 2019. Number of shares varies periodically based on contributions to plan. /s/ J. Powell Brown 2020-01-23