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