0001225208-12-015027.txt : 20120629
0001225208-12-015027.hdr.sgml : 20120629
20120629094401
ACCESSION NUMBER: 0001225208-12-015027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120627
FILED AS OF DATE: 20120629
DATE AS OF CHANGE: 20120629
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: 12934190
MAIL ADDRESS:
STREET 1: 13842 DRIFTWOOD DR
CITY: CARMEL
STATE: IN
ZIP: 46033
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: PO BOX 1348
CITY: TAMPA
STATE: FL
ZIP: 33601
BUSINESS PHONE: 8132224182
MAIL ADDRESS:
STREET 1: PO BOX 1348
CITY: TAMPA
STATE: FL
ZIP: 33601
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
doc4.xml
X0305
4
2012-06-27
0000079282
BROWN & BROWN INC
BRO
0001180023
PENNY JEROME SCOTT
220 S. RIDGEWOOD AVE.
DAYTONA BEACH
FL
32114
1
Reginal President
Common Stock, $.10 par value (Jointly Owned)
2012-06-27
4
S
0
20000.0000
26.5000
D
129363.0000
D
Common Stock, $.10 par value
7417.0000
D
Common Stock, $.10 par value (PSP)
185622.0000
D
Common Stock, $.10 par value (SIP)
50127.0000
D
Common Stock, $.10 par value
23091.0000
I
By 401k
Common Stock, $.10 par value
96.0000
I
Children
Stock Options
15.7800
2006-01-22
2013-03-23
Common Stock, $.10 par value
54656.0000
54656.0000
D
Stock Options
18.4800
2010-11-11
2018-02-26
Common Stock, $.10 par value
20000.0000
20000.0000
D
Stock Options
18.4800
2017-11-26
2018-02-26
Common Stock, $.10 par value
80000.0000
80000.0000
D
Owned jointly with spouse.
A total of 1,516 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2011. 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 a portion of 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 Stock Incentive Plan ("SIP"). Full ownership will not vest until the satisfaction of performance-based conditions established in connection with this grant.
Based upon information supplied by the Plan's recordkeeper. Number of shares varies periodically based on contributions to plan.
Reporting Person disclaims beneficial ownership of securities 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.
Granted by the Compensation Committee of the Board of Directors pursuant to the Company's 2000 Incentive Stock Option Plan (the "Plan").
These options vest and become exercisable on 11/26/17, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
J. Scott Penny
2012-06-28