0001225208-12-024955.txt : 20121210
0001225208-12-024955.hdr.sgml : 20121210
20121210144417
ACCESSION NUMBER: 0001225208-12-024955
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121206
FILED AS OF DATE: 20121210
DATE AS OF CHANGE: 20121210
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: 121252868
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
X0306
4
2012-12-06
0000079282
BROWN & BROWN INC
BRO
0001208478
BROWN J POWELL
220 S. RIDGEWOOD AVENUE
DAYTONA BEACH
FL
32114
1
1
President and CEO
Common Stock, $.10 par value (PSP)
2012-12-06
4
F
0
12860.0000
26.4100
D
99552.0000
D
Common Stock, $.10 par value
1072185.0000
D
Common Stock, $.10 par value (SIP)
246566.0000
D
Common Stock, $.10 par value
15779.0000
I
By 401k
Common Stock, $.10 par value
7969.0000
I
Children
Stock Options
18.4800
2010-11-11
2018-02-26
Common Stock, $.10 par value
29589.0000
29589.0000
D
Stock Options
18.4800
2017-11-26
2018-02-26
Common Stock, $.10 par value
140000.0000
140000.0000
D
Stock Options
15.7800
2012-12-23
2013-03-23
Common Stock, $.10 par value
50000.0000
50000.0000
D
Shares were withheld by the Company solely to cover the income tax withholding requirements associated with the vesting of 35,280 shares of restricted stock under the Company's Performance Stock Plan ("PSP").
These securities were granted pursuant to the Company's 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.
A total of 1,512 of these shares were acquired through the Company's Employee Stock Purchase Plan in August 2012. Number of shares may vary due to dividend reinvestment.
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 grants under this plan.
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. Powell Brown
2012-12-10