0001225208-15-014098.txt : 20150618
0001225208-15-014098.hdr.sgml : 20150618
20150618162423
ACCESSION NUMBER: 0001225208-15-014098
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20150617
FILED AS OF DATE: 20150618
DATE AS OF CHANGE: 20150618
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
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: 15940409
MAIL ADDRESS:
STREET 1: 13842 DRIFTWOOD DR
CITY: CARMEL
STATE: IN
ZIP: 46033
4
1
doc4.xml
X0306
4
2015-06-17
0000079282
BROWN & BROWN INC
BRO
0001180023
PENNY JEROME SCOTT
220 S. RIDGEWOOD AVE.
DAYTONA BEACH
FL
32114
1
Chief Acquisitions Officer
Common Stock, $.10 par value (Jointly Owned)
2015-06-17
4
S
0
15000.0000
33.3900
D
197513.0000
D
Common Stock, $.10 par value (PSP)
55488.0000
D
Common Stock, $.10 par value (SIP)
133902.0000
D
Common Stock, $.10 par value
24006.1502
I
By 401k
Common Stock, $.10 par value
96.0000
I
Children
Stock Options
18.4800
2013-03-07
2018-02-26
Common Stock, $.10 par value
14589.0000
14589.0000
D
Stock Options
18.4800
2013-08-01
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
20000.0000
20000.0000
D
Owned jointly with spouse.
Number of shares may vary due to dividend reinvestment. 68,474 of these shares were previously reported as directly beneficially owned by the reporting person.
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.
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 recordkeeper as of January 27, 2015. Number of shares varies periodically based on contributions to plan.
Reporting Person disclaims beneficial ownership in shares 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.
poa.txt
Robert W. Lloyd for J. Scott Penny per Power of Attorney
2015-06-18
EX-24
2
poa.txt
LIMITED POWER OF ATTORNEY
This Statement confirms that the undersigned, Jerome Scott Penny (the
"Insider"), has authorized and designated Robert W. Lloyd, Anthony M. Robinson,
and Lisa M. Gayton, and each of them (each of the foregoing is referred to as an
"Authorized Signer") to execute and file on the Insider's behalf any and all
Forms 3, 4 and 5 (including any amendments thereto) that the Insider may be
required to file with the United States Securities and Exchange Commission as a
result of the Insider's ownership of, and transaction in, securities of Brown &
Brown, Inc. (the "Company").
The authority of the Authorized Signers under this Confirming Statement shall
continue until the Insider is no longer required to file Forms 3, 4 and 5 with
regard to the Insider's ownership of, or transactions in, securities of the
Company, unless revoked in writing. The Insider acknowledges that none of the
Authorized Signers is assuming any of the Insider's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.
Date:
Jerome Scott Penny