0001225208-16-025015.txt : 20160128
0001225208-16-025015.hdr.sgml : 20160128
20160128163908
ACCESSION NUMBER: 0001225208-16-025015
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20151222
FILED AS OF DATE: 20160128
DATE AS OF CHANGE: 20160128
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: BROWN J POWELL
CENTRAL INDEX KEY: 0001208478
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13619
FILM NUMBER: 161369427
4
1
doc4.xml
X0306
4
2015-12-22
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
2015-12-22
5
G
0
856.0000
0.0000
A
1102081.0000
D
Common Stock, $.10 par value (PSP)
70332.0000
D
Common Stock, $.10 par value (SIP)
344357.0000
D
Common Stock, $.10 par value
17937.2240
I
By 401k
Common Stock, $.10 par value
9171.0000
I
Children
Stock Options
18.4800
2013-03-07
2018-02-26
Common Stock, $.10 par value
35000.0000
35000.0000
D
Stock Options
18.4800
2013-08-01
2018-02-26
Common Stock, $.10 par value
35000.0000
35000.0000
D
Stock Options
18.4800
2017-11-26
2018-02-26
Common Stock, $.10 par value
35000.0000
35000.0000
D
A total of 939 of these shares were acquired through the Company's Employee Stock Purchase Plan in July 2015. 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 performaance-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.
The Reporting Person disclaims beneficial ownership of securities owned by children who share the 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 November 26, 2017, unless accelerated based on satisfaction of conditions established pursuant to the Plan.
powerofattorney.txt
Robert W. Lloyd for J. Powell Brown per Power of Attorney
2016-01-28
EX-24
2
powerofattorney.txt
POWER OF ATTORNEY
The undersigned constitutes and appoints Robert W. Lloyd and R. Andrew Watts,
or either of them, as his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities, to sign all reports (including Forms 4 and
Forms 5) required to be filed by the undersigned pursuant to Section 16 of the
Securities Exchange Act and the rules and regulations promulgated thereunder,
and to file the same, with all exhibits thereto, and other documents in
connection therewith, with the Securities and Exchange commission, granting unto
said attorneys-in-fact and agents full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and about the
premises as fully to all intents and purposes as he might or could in person,
hereby ratifying and confirming all that said attorneys-in-fact and agents, or
their substitutes, may lawfully do or cause to be done by virtue hereof.
_________________________
Date: January 2015 J. Powell Brown